Links

Shane Parrish highly recommends you take the time to read this interview with Ed Hess (LINK)

Related book: Learn or Die: Using Science to Build a Leading-Edge Learning Organization

John Huber on the Importance of ROIC (Part 4) (LINK)

Paul McCulley's latest: Escape Fandango (LINK)

When I entered the Fed-watching business over three decades ago, a clichéd phrase of advice from graybeards was: “Watch what they do, not what they say.” Thinking back, there was not actually much Fed rhetoric to either watch or hear.

SFI's 2014 Ulam Lectures: Jerry Sabloff on archaeology's lessons for the future (LINK)

And a Nassim Taleb quote from a while back worth re-visiting (he later added "religion without tolerance" to the list):

Muscles without strength, friendship without trust, opinion without risk, change without aesthetics, age without values, food without nourishment, power without fairness, facts without rigor, degrees without erudition, militarism without fortitude, progress without civilization, complication without depth, fluency without content; these are the sins to remember.