Michael Mauboussin Guide to Making Better Comparisons (Link) Comparing via analogies (steps and common mistakes) Select the source for analogy…
Matt Levine discusses: Traditional and progressive views of the role of corporations How a narrow desire to raise shareholder value…
Link: Rational Decision-Making under Uncertainty: Observed Betting Patterns on a Biased Coin Optimal bet size as a fraction of bankroll…
This is a 10:1 compression and refactoring of George Packer's When the Culture War Comes for the Kids There is…
Excerpts from Howard Mark's memo: It's All Very Taxing The concept of "paying a fair share" is nebulous at best.…
http://osam.com/Commentary/factors-from-scratch How does the 'value' factor generate excess return? Method for decomposing the return into earnings growth and multiple expansion Limit…
http://www.philosophicaleconomics.com/2013/12/the-single-greatest-predictor-of-future-stock-market-returns/ Premise If there is too much supply of a given asset relative to the amount that investors want to…
https://breakingsmart.com/en/season-1/ Original article by Venkat Rao. Summary An in-depth exploration of Andreesen's "Software is eating the world". Peak centralization is…