Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at the downside of being data-driven.
Quote of the Day
"Failure may be unavoidable in baseball, but these Cubs finally learned the serenity to accept the things they could not change, the courage to change the things they could, and the wisdom to know the difference."
(Bryan Graham)
Finance
- Why investors need to be 'contrarians' to succeed. (25iq.com)
- What Goldman Sachs ($GS) is doing to remain relevant. (economist.com)
- Some notes from Warren Buffett's early shareholder letters. (medium.com)
- The inside story of how Deutsche Bank ($DB) came to the brink. (spiegel.de)
Longform links
- An interview with former NSA boss Michael Hayden. (playboy.com)
- Can predictive policing cut crime without trampling on our rights? (aeon.co)
- The GMO revolution has been a bit of a disappointment. (nytimes.com)
- Apple ($AAPL) TV needs a revamp. (joe-steel.com)
- How Halloween stores conquered America. (bloomberg.com)
- A profile of Andy Borowitz, a victim of his own success. (theringer.com)
- The sad story of superstar sports writer Jennifer Frey. (deadspin.com)
Chicago Cubs
- The best team and the best story won the World Series. (theringer.com)
- Michael Rosenberg, "Chicago Cubs, World Series Champions. All these years, some people said the Cubs needed to break a curse, and others said they just needed to build the best team in baseball. It turns out, everybody was right." (si.com)