Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the high environment cost of beef consumption.
Quote of the Day
"Charlie Munger once said that the first rule of compounding is never to interrupt it unnecessarily. The frame he was using was that of money, but it applies just as well to trust."
(Lawrence Yeo)
Books
- A Q&A with Michele Gelfand author of "Rule Makers Rule Breakers: How Tight and Loose Cultures Wire Our World." (behavioralscientist.org)
- An excerpt from "The Bill Gates Problem: Reckoning with the Myth of the Good Billionaire" by Tim Schwab. (nextbigideaclub.com)
- A Q&A with Jay Owens author of "Dust: The Modern World in a Trillion Particles." (wired.com)
- An excerpt from “Milton Friedman: The Last Conservative” by Jennifer Burns. (washingtonpost.com)
Profiles
- Barry Gibb is arguably the most successful songwriter in history. (washingtonpost.com)
- A profile of actress Stephanie Courtney, aka Flo from Progressive. (nytimes.com)
Longreads
- Jason Zweig looks at life of Charlie Munger who in end "tried to be useful." (wsj.com)
- Richard R. John, "The American tech industry has never been an entrepreneurial free-for-all. Much of the country’s information infrastructure was built atop a telephone system that depended on local, state, and federal regulation." (theatlantic.com)
- A big profile of Nvidia ($NVDA) CEO Jensen Huang, a 'a patient monopolist.' (newyorker.com)
- Red states are having a hard time holding onto college graduates. (newrepublic.com)
- Why one Florida librarian felt the need to quit the profession. (washingtonpost.com)
- Why we get tripped up by randomness. (behavioralscientist.org)