Saturdays are now about longform links on Abnormal Returns. You can check out last week’s linkfest including an excerpt from Michael Lewis’ forthcoming book The Undoing Project: A Friendship That Changed Our Minds.
Quote of the Day
"The reason I pursue and love the idea of finding new ways to live life in an industrialized world, is the same reason I love music, and art, and writing and all of the beautiful, advanced, inspiring things that people do. It’s because Efficiency is Beauty."
(Mr. Money Moustache)
Finance
- How does Renaissance Technologies generate such high, consistent returns for its in-house Medallion Fund? (bloomberg.com)
- Lessons learned from Roger Lowenstein's "When Genius Failed." (investingcaffeine.com)
- An extended Q&A with John Bogle about the state of the investment business. (bloomberg.com)
Environment
- On the practical implications of melting polar ice on native populations. (newrepublic.com)
- Oceanfront property is increasingly at-risk of rising sea levels. (nytimes.com)
Longform
- Record harvests are putting pressure on US farmers. (bloomberg.com)
- The case for a universal basic income. (coppolacomment.com)
- Mankind hasn't always valued progress the way we do today. (theatlantic.com)
- Why building "a moat" around a restaurant business is so difficult. (25iq.com)
- Are GPS apps messing with our brains? (motherjones.com)
- Why us humans have an ongoing dialogue in our heads. (theatlantic.com)
- Is screen time dangerous for children? (newyorker.com)
- A look at the state of Indiana's love affair with basketball. (theringer.com)
- Hollywood is still making interesting sci-fi films like "Arrival." (buzzfeed.com)