Donald Trump’s secretary of energy, Rick Perry, once campaigned to abolish the $30 billion agency that he now runs, which oversees everything from our nuclear arsenal to the electrical grid. The department’s budget is now on the chopping block. But does anyone in the White House really understand what the Department of Energy actually does? And what a horrible risk it would be to ignore its extraordinary, life-or-death responsibilities?Some of the 2017 VALUEx Vail Presentations are available to view (LINK)
A Market History Lesson From Peter Bernstein - by Ben Carlson (LINK)
Investing in the Misunderstood - by Ian Cassel (LINK)
Boyar Value Group's Q2 Letter [H/T @chriswmayer] (LINK)
Microsoft's Monopoly Hangover - by Ben Thompson (LINK)
Invest Like the Best podcast: Compound Your Face Off, with Wes Gray (LINK)
a16z Podcast: The Curious Case of the OpenTable IPO (LINK)
The Ezra Klein Show (podcast): Julia Galef on how to argue better and change your mind more (LINK)
Are You a Carboholic? Why Cutting Carbs Is So Tough - by Gary Taubes [H/T Will] (LINK)
Related book: The Case Against SugarBill Browder's Testimony to the Senate Judiciary Committee (LINK)
Related book: Red Notice; Related video: Bill Browder's Real Vision TV interviewLeonardo da Vinci’s Visionary Notebooks Now Online: Browse 570 Digitized Pages (LINK)
The Worst Birds - by Ed Yong (LINK)
The Great American Solar Eclipse of August 21, 2017 (Part 2) - by Phil Plait (LINK)
The death of reading is threatening the soul [H/T Daniel] (LINK)
PBS FRONTLINE: Inside Yemen (video) (LINK)
The United Nations recently called what’s happening in Yemen the “largest humanitarian crisis” in the world. You might not have heard about it, though. In recent months, journalists have largely been prevented from entering the country to report firsthand on the devastation.
But in May, FRONTLINE’s Martin Smith made it in. He and his team were the only foreign journalists given permission to enter the country at the time. What they saw unfolds in Inside Yemen, a documentary short that we've just released online: “People are not seeing what’s going on. We’re talking thousands of civilian dead,” Smith says.