Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at state of the startup bubble.
Quote of the Day
"No one on earth will ever convince me that complexity is better than simplicity when it comes to investing. No one."
(Josh Brown)
Finance
- Is alpha getting bottled up inside firms due to philosophy mismatches? (blogs.cfainstitute.org)
- How would you invest differently if you couldn't sell for ten years? (alephblog.com)
- Things learned from Chamath Palihapitiya About investing and business. (25iq.com)
Companies
- SnapChat is following a classic model of incrementally adding functionality. (stratechery.com)
- Apple ($AAPL) is 40 years old. What comes next? (qz.com)
- The inside story of how Amazon ($AMZN) built the Echo. (businessinsider.com)
- Starboard Value's run as activist at Darden Restaurants ($DRI) was textbook. (wsj.com)
Longform
- A bunch of "five book" selections including "Being Mortal" by Atul Gawande. (rpseawright.wordpress.com)
- What the health care industry will look like in ten years. (strategy-business.com)
- Lessons learned from the Wright Brothers. (thewaiterspad.com)
- An excerpt from Michael Puett and Christine Gross-Lo's "The Path: What Chinese Philosophers Can Teach Us About the Good Life."* (wsj.com)
- Harvard has very little to do with what the vast majority of college students experience. (fivethirtyeight.com)
- The story of the new AFC Wimbledon. (medium.com)