Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at how Yahoo has messed up Tumblr’s progress.
Longform links
- A new Michael Mauboussin paper on operating leverage and how sales growth, profit growth, and value creation do not always go together. (plus.credit-suisse.com)
- 6 lessons learned from Monish Pabrai about investing. (thewaiterspad.com)
- The biggest advertisers on television are threatened by the Internet. (stratechery.com)
- Netflix ($NFLX) changed the entertainment business. Now can they survive it? (nytimes.com)
- Ev Williams has been a part of much of what we know of as the Internet. (theatlantic.com)
- How Google ($GOOGL) is building up its cloud-based businesses. (businessinsider.com)
- How Estonia has become the most tech-savvy in the world. (mic.com)
- How Casper tries to sell you mattresses. (backchannel.com)
- In praise of psychedelics. (theatlantic.com)
- The secret of why we like what we like. (theguardian.com)
- Learning to give yourself a break will make you happier. (aeon.co)