"Unfortunately in this kind of work, where you are trying to determine relationships based upon past behavior, the almost invariable experience is that by the time you have had a long enough period to give you sufficient confidence in your form of measurement, just then new conditions supersede and the measurement is no longer dependable for the future." -Benjamin Graham
Jason Zweig has annotated, added links, and highlighted some of his favorite passages from Benjamin Graham's 1963 lecture, “Securities in an Insecure World” (LINK)
Farnam Street: All Models Are Wrong (LINK)
Sohn Conference Hong Kong Notes 2017 (LINK)
Energy Checklist - by Eric Cinnamond (LINK)
Brexit In Reverse? - by George Soros [H/T Santangel's] (LINK)
MSCI to Add China Shares to Indexes, Opening Market to More Foreign Investors (LINK)
It’s Lonely at the Top—or It Should Be [H/T @pcordway] (LINK)
An Early 20th Century Lesson on the Difference Between Convenience and Value (LINK)
NPR's Planet Money podcast: What the Falcon's Up With Qatar? [H/T @jasonzweigwsj] (LINK)
Geoffrey West: "Scale" | Talks at Google (LINK)
Simon Sinek: "The Finite and Infinite Games of Leadership" | Talks at Google (LINK)
a16z: When We Enter the Century of Biology (LINK)
Y Combinator podcast: How Should Business Schools Prepare Students for Startups? (LINK)
Cool Tools for Travel – Tim Ferriss and Kevin Kelly (podcast) (LINK)
Book of the day [H/T @Greg_Speicher]: One Buck at a Time: An Insider's Account of How Dollar Tree Remade American Retail