GMO White Paper: Is Skill Dead? (LINK) [Jeremy Grantham quote to start the paper: "90% of what passes for brilliance or incompetence in investing is the ebb and flow of investment style."]
In this white paper, Neil Constable and Matt Kadnar answer the question "Is skill dead?" as it pertains to active vs. passive investing within the context of poor performance for active managers in 2014.Inside Zulily [H/T Matt] (LINK)
Rise & Shine: The Morning Rituals of our Great Creative Minds, via the author of Daily Rituals: How Artists Work (LINK)
It definitely matters when and how you start the day—but that doesn’t mean that there’s one “right” way to do so.
In my research, I found great creative minds who woke up at 4:00 a.m. and who slept until noon (or later); who went immediately to work and who spent hours waiting for the proper mood to arrive.
What all these people have in common is that they devised a schedule and a set of habits that suited their temperaments and life circumstances—and that, in most cases, they organized their days (and, by extension, their lives) around creating the best conditions for their creative work.
Why You Should Have a Morning Routine (LINK)
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