Saturdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how wellness become a new religion.
Quote of the Day
"Maybe our views about progress depend on our time horizons."
(Joshua Rothman)
Finance
- 12 lessons from Michael Batnick's "Big Mistakes: The Best Investors and Their Worst Investments." (25iq.com)
- America has plenty of economic issues, but stock buybacks are not one of them. (theirrelevantinvestor.com)
- Online trading platforms are not as safe as online banking. (ioactive.com)
Economy
- If you were designing the economy for well-being, or happiness, you would do it differently. (longreads.com)
- Ten years later we are still living a world re-made by the Great Financial Crisis. (nymag.com)
Behavior
- Can we really learn to blunt our behavioral biases? (theatlantic.com)
- How denialism drive us to reject the truth. (theguardian.com)
Book excerpts
- An excerpt from Yuval Noah Hariri's new book "21 Lessons for the 21st Century." (theguardian.com)
- The story of where the silica comes to make computer chips: an excerpt from "The World in a Grain: The Story of Sand and How It Transformed Civilization" by Vince Beiser. (wired.com)
Longform
- This heartfelt story about a young man coming to terms with CML is well worth your time. (mullooly.net)
- How Spotify ($SPOT) changed the music industry. (fastcompany.com)
- Orthodontists are not happy about direct-to-consumer teeth aligner kits. (racked.com)
- Japan, more than any other society, is embracing the idea of increased longevity and all its costs. (ft.com)
- Jeremy Grantham lays out the gloomy case for the environment and what investors can (and should) do. (gmo.com)
- Sadly, Chicago is a great place to get experience as a trauma doctor. (chicagomag.com)
- The evolutionary reason why humans have drunk alcohol for millennia. (ft.com)