"The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money." -Warren Buffett (2000 Letter to Shareholders)
Buffett’s Bet on Store Capital Shows Not All Retail Real Estate Is Equal [H/T Linc] (LINK)
Yoplait Learns to Manufacture Authenticity to Go With Its Yogurt [H/T @Connor_Leonard] (LINK)
Taking the pulse of ESPN [H/T @BluegrassCap] (LINK)
The sports media giant is on the defensive about a declining subscriber base, layoffs and executive changes. What happened? And what’s the plan for the future?Google Fined Record $2.7 Billion in E.U. Antitrust Ruling (LINK)
Scott Norton talks with Patrick O’Shaughnessy on the Invest Like the Best Podcast (LINK)
Brent Beshore talks with David Perell on the North Star Podcast (LINK)
Long Now: Conversations at The Interval -- Proof: The Science of Booze: Adam Rogers (LINK)
Related book: Proof: The Science of BoozeLong Now: Seminars About Long-term Thinking -- James Gleick: Time Travel (LINK)
Related book: Time Travel: A HistoryHow CRISPR Yanked Jennifer Doudna Out of the Ivory Tower - by Ed Yong (LINK)