"Nothing is so good a protection against such misery as inward wealth, the wealth of the mind, because the greater it grows, the less room it leaves for boredom. The inexhaustible activity of thought!" -Arthur Schopenhauer (The Wisdom of Life)
“Becoming Warren Buffett,” the Man, Not the Investor - by James Surowiecki [H/T Linc] (LINK)
Fairholme Funds' 2016 Annual Report (LINK)
The Short Seller Who Crushed Valeant Has Picked His Next Target [H/T Matt] (LINK)
This is Why You Need a Process - by Ben Carlson (LINK)
Amazon is building a $1.5 billion hub for its own cargo airline (LINK)
Mobile 2.0 - by Benedict Evans (LINK)
Birds and Frogs - by Freeman Dyson (LINK)
Some mathematicians are birds, others are frogs. Birds fly high in the air and survey broad vistas of mathematics out to the far horizon. They delight in concepts that unify our thinking and bring together diverse problems from different parts of the landscape. Frogs live in the mud below and see only the flowers that grow nearby. They delight in the details of particular objects, and they solve problems one at a time. I happen to be a frog, but many of my best friends are birds. The main theme of my talk tonight is this. Mathematics needs both birds and frogs. Mathematics is rich and beautiful because birds give it broad visions and frogs give it intricate details. Mathematics is both great art and important science, because it combines generality of concepts with depth of structures. It is stupid to claim that birds are better than frogs because they see farther, or that frogs are better than birds because they see deeper. The world of mathematics is both broad and deep, and we need birds and frogs working together to explore it.Why Frog Tongues Are So Sticky - by Ed Yong (LINK)
Plant keeps moths captive inside its fruits for almost a year (LINK)