Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the battle to create ‘meatless meat.’
Quote of the Day
"Defining quality — or Quality — is a slippery endeavor."
(Tom Brakke)
Fish
- When a lake dies an entire society suffers. (eater.com)
- Fish feel pain. What now? (hakaimagazine.com)
Michael Wolff's "Fire and Fury: Inside the Trump White House"
- Donald Trump didn't want to, nor expect to be, President. (nymag.com)
- A closer look at the people who came to work in Donald Trump's White House. (hollywoodreporter.com)
Economy
- The case against GDP. (ft.com)
- America is going to have to come to terms with the decline of rural towns. (washingtonpost.com)
Decision making
- How Ray Dalio's 'truth machine' works. (petercook.blog)
- Annie Duke on decision making including the mistake of 'resulting.' (nautil.us)
- How to lean against your biases including the ones you don't even know about. (thinkadvisor.com)
Investing
- Michael Mauboussin on how heuristics help (and fall short) when comparing companies. (bluemountaincapital.com)
- Jeremy Grantham tries to thread the market needle. (gmo.com)
- On the maturation of an investor. (microcapclub.com)