The Digest #170
The Precautionary Principle, GEICO Layoffs, Superlinear Returns, TIPS for Retirement, Rockefeller's advice to his son, Impact of GLP-1 agonists, Tesla's IPO, Conference call transcripts ...
The Digest #169
Apple Watch, Musical Chairs at Dollar General, IPOs, Impact Investing, Buffett in 1988, Mapping the human brain, Interviews of Nassim Taleb, Jensen Huang, John and Patrick Collison, and more ...
The Digest #165
Buffett on Inflation, Dollar General, Due Diligence, Personal Libraries, The role of AI in drug discovery, Small-cap opportunities, and interviews of Peter Brown, Bill Gross, Chris Bloomstran ...
The Digest #164
Howard Marks on intelligent risks, Li Lu's amazing life story, Damodaran on streaming, Thompson on Charter vs. Disney, Taleb's favorite literary works, Buffett's Japanese investments, and more ...
The Digest #161
Feynman on knowledge, TransDigm's controversial business model, Costco's history, The Ozempic/Wegovy band-aid; Plus insights from Todd Combs, Michael Burry, Joel Tillinghast, and Lee Ainslie ...
Fragile Capitalists
Silicon Valley Bank's shareholders and creditors cannot be bailed out without introducing massive moral hazard antithetical to capitalism ...
The Digest #143
Gell-Mann Amnesia, GEICO, Todd Combs, Onboarding Directors, Damodaran on Meta, Paul Graham's Essays, Home Depot, Nick Sleep ...
The Digest #142
Unpopular Large Companies, Meta Platforms, Activision, Peter Lynch, Taleb on Writing, Substack's Social Network, In-N-Out Burger ...
The Digest #139
Volcker and Buffett on Inflation, Is Meta cheap?, Bernanke's Nobel, Painful times for housing, Revolutionary technologies, The right heroes ...
The Digest #137
Lies and Deception, Damodaran on Inflation, David Gottesman, Apple Hedges on China, Excessive Optimization, Trader Joe's ...
The Digest #135
The Futility of Forecasting, Occidental Petroleum, Patagonia, Europe's Energy Catastrophe, GE's Rise and Fall, Taleb on Fed and Interest Rates ...
The Digest #126
Tom Murphy Interview From 2000, Apple's Ad Opportunity, Ruined by Crypto, Interviews of Nick Howley and Nassim Taleb ...
The Digest #125
The First iPhone, Orange Julius, From L.A. to Boise, The Scientific Method, Lies About the World, Ian Cassel on Microcaps ...
Soul in the Game: The Art of a Meaningful Life
Soul in the Game is a difficult book to categorize. Is it a memoir? A book on stoicism? A book on classical music? It is none of these things in isolation, but all of these things in combination ...
The Digest #102
Washington's Farewell, Commitment Bias, Default Habits, Derivatives, Amazon, Executive Compensation, Better Sleep ...
The Digest #96
Digital Cash, Berkshire's Annual Meeting, Productivity Traps, Taleb on Vaccines, Peloton ...
The Digest #95
Executive Compensation, Howard Marks, Innovation Hubs, The Eternal Present ...
The Digest #87
The Four Americas, Ted Weschler's Amazing IRA, Ancient Humans, UFOs ...
The Digest #86
The Fed's Epistemic Arrogance, A World Without Yield, 10-K Diver on Dividends ...
Pounds of Salt: The Fed’s Epistemic Arrogance
The Federal Reserve's recent decisions have demonstrated epistemic arrogance and magnified risk by failing to properly acknowledge the inherent limits of their power ...