Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at the problem of overparenting.
Quote of the Day
"The investor’s predicament hasn’t changed in the ninety years since Ben Graham went to 26 Broadway to ask the managers of Northern Pipeline to give the shareholders back their money."
(John Lanchester)
Finance
- Seven insights from Michael Mauboussin on our cognitive delusions. (thewaiterspad.com)
- Mohnish Pabrai's guide to hedge fund interviews. (sumzero.com)
Excerpts
- An excerpt from Cathy O'Neil's Weapons of "Math Destruction: How Big Data Increases Inequality and Threatens Democracy." (theguardian.com)
- Insights from Robert Frank's “Success and Luck: Good Fortune and the Myth of Meritocracy.” (bloomberg.com)
Media
- How will rights owners maximize the value of their content in the post-window era? (redef.com)
- John Skipper is trying to steer ESPN through the cord-cutting age. (washingtonpost.com)
- Broadcast sports are increasingly the realm of paid TV. (chicagotribune.com)
Longform
- Should we get rid of the $100 bill to deter crime? (wsj.com)
- Will Amazon ($AMZN) kill FedEx ($FDX)? (bloomberg.com)
- Can GE ($GE) really become a software company? (nytimes.com)
- Competition in the transportation-as-a-service space is heating up. (stratechery.com)
- We are in the golden age of tourism. (fusion.net)
- Lessons learned from studying 'man caves.' (features.wearemel.com)
- In defense of fine dining. (luckypeach.com)