"A new type of thinking is essential if mankind is to survive and move toward higher levels.... Past thinking and methods did not prevent world wars. Future thinking must prevent wars." -Albert Einstein
Tom Russo on WealthTrack (video) [H/T ValueWalk] (LINK)
Ed Thorp talks with Barry Ritholtz on the Masters in Business podcast (LINK)
Related book: A Man for All MarketsGrant’s Podcast: Hits and misses (LINK)
How I Built This podcast -- Aden + Anais: Raegan Moya-Jones (LINK)
FT Alphachat podcast: Tim Harford talks to Cardiff Garcia about his book Fifty Inventions That Shaped the Modern Economy (LINK)
Amazon Prime and other Subscription Businesses: How do you Value a Subscriber? - by Tren Griffin (LINK)
Greenlight Capital's Q2 Letter (LINK)
A Bird in the Hand is Worth…Two Marshmallows? - by Frank Martin (LINK)
GMO White Paper: Revisiting the Traditional Emerging Market Equities Allocation Framework (LINK)
From $2 Billion to Zero: A Private-Equity Fund Goes Bust in the Oil Patch ($) [H/T @williamgreen72] (LINK)
Tencent Dominates in China. Next Challenge Is Rest of the World [H/T @BaseHitInvestor] (LINK)
Counterintuitive Behavior of Social Systems - by Jay Wright Forrester (1971 paper) [H/T Adam Robinson] (LINK)
When Slower Communication Enables Faster Growth (LINK)
Why fast birds, fish and animals are never too small or big (LINK)
What Would It Take to Completely Sterilize the Earth? - by Ed Yong (LINK)
Books of the day:
A Mind at Play: How Claude Shannon Invented the Information Age [Released tomorrow]
Crash Early, Crash Often [Kindle book]
Wishcraft: How to Get What You Really Want
"If you feel a negative emotion, including fear, your attention is on the wrong place. Your attention should be focused on one of two things: the task at hand, or other people." -Adam Robinson (Source)