Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a scientific guide to happiness.
Quote of the Day
"Over time, markets have developed an improved understanding of the nature of long-term equity returns. They’ve evolved increasingly efficient mechanisms and methodologies through which to manage the inherent risks in equities. These improvements provide a basis for average equity valuations to increase, which is something that has clearly been happening."
(@Jesse_Livermore)
Longform links
- A dozen things Kanye West understand about business. (25iq.com)
- What happens when medical diagnosis gets automated? (newyorker.com)
- Why is Softbank buying Fortress Investment Group ($FIG). (institutionalinvestor.com)
- Why we live in an increasingly winner-take-all economy. (jamesclear.com)
- What we said when the world changed. (collaborativefund.com)
- Americans are obsessively listening to their audiobooks at 2x speed. (qz.com)
- The Mac Pro lives! (daringfireball.net)
- How David Letterman became a Gen X icon. (vulture.com)