Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at the modern plague of multi-tasking.
Quote of the Day
"Once we have bought into a particular narrative we’re mostly cheering our side on rather than doing substantive analysis."
(Robert Seawright)
Longform links
- Investing ain't easy. Thoughts on multi-level thinking from Howard Marks. (oaktreecapital.com)
- What is Angela Ahrendts doing at Apple ($AAPL)? (fortune.com)
- The fascinating (and complex) history of Johnson & Johnson ($JNJ). (joshuakennon.com)
- The economics of being a McDonald's ($MCD) franchisee. (bloomberg.com)
- A profile of Travis Kalanick, CEO of Uber. (fastcompany.com)
- The Internet publishing bubble is popping. (stratechery.com)
- The ad block debate is raging. (techcrunch.com)
- Where rational choice theory went wrong: mass incarceration. (marginalrevolution.com)
- A profile of Anthony Bourdain Inc. (mensjournal.com)
- The kitchen of the future always fails us. (eater.com)
Excerpts
- An excerpt from “Phishing for Phools: The Economics of Manipulation and Deception” by Nobel laureates George A. Akerlof and Robert J. Shiller.* (wsj.com)
- An excerpt from Barry Schwartz's "Why We Work."* (qz.com)
- An excerpt from Jessica Lahey's "The Gift of Failure: How the Best Parents Learn to Let Go So Their Children Can Succeed."* (slate.com)
