New paper from Michael Mauboussin et al. - Operating Leverage: A Framework for Anticipating Changes in Earnings [H/T @HurriCap] (LINK)
Why Farnam Street Optimizes for Loyalty, not Pageviews (LINK)
A Dozen Things Learned from Elon Musk About Business and Investing (LINK)
Everything Is More Expensive Than It Looks - by Jason Zweig (LINK)
IEX Outduels Citadel, NYSE as ‘Flash Boys’ Exchange Approved (LINK)
Raghuram Rajan Unexpectedly Leaves RBI (LINK)
Mohamed El-Erian on life after Pimco (LINK)
The LSE In Conversation with Steve Schwarzman (audio) (LINK)
How Bill Nye, the Science Guy, Spends His Sundays [H/T @mikedariano] (LINK)