Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at on-demand AI.
Quote of the Day
"You look at large organizations that are supposed to be optimal, rational. And the amount of folly in the way these places are run, the stupid procedures that they have, the really, really poor thinking you see all around you, is actually fairly troubling..."
(Daniel Kahneman)
Finance
- Meet John Hempton of Bronte Capital, short-seller and Bill Ackman adversary. (bloomberg.com)
- Why you are a horrible investor and you don't even know it. An excerpt from Jakab Spencer's "Heads I Win, Tails I Win." (wsj.com)
- On the underrated value of 'doing nothing.' (medium.com)
- The future of mutual funds is smaller. (barrons.com)
- A dozen entries from Jason Zweig's "The Devil's Financial Dictionary." (25iq.com)
- How electronic trading killed futures trading floors and the entry level opportunities they provided for the non-credentialed. (next.ft.com)
- Why so many people got blindsided by Brexit. (psyfitec.com)
- A dozen things learned about investing and business from The Simpsons. (25iq.com)
Non-finance
- Nobody is better than Facebook ($FB) is gaining and keeping your attention. (redef.com)
- Would a work-free world be all that bad? (theatlantic.com)
- The four characteristics of those in the C-suite. (review.chicagobooth.edu)
- Exhaustion is not unique to our technology-filled age. (aeon.co)
- Slow decision makers make for better strategists. (hbr.org)
- Lunch with Philip Tetlock co-author of "Superforecasting: The Art and Science of Prediction." (next.ft.com)
- The shrinking of the American lawn. (citylab.com)
- On the Internet everyone seems to have their own facts. (theguardian.com)
- Marie Kondo is training a cadre of teachers to help Americans de-clutter. (nytimes.com)
- When did parenting become a job? An excerpt from Alison Gopnik's "The Gardener and the Carpenter: What the New Science of Child Development Tells Us About the Relationship Between Parents and Children." (wsj.com)
- Headphones are everywhere. What does it mean for society? (newyorker.com)
