GMO White Paper -- The Good Thing About Climate Change: Opportunities (LINK)
In this white paper, Lucas White, GMO Climate Change portfolio manager, and Jeremy Grantham describe the exciting opportunities in companies in the public equity market who are involved in combating climate change (i.e., the climate change sector), either through climate change mitigation or helping the world adapt to climate change.Horizon Kinetics' New Commentary: When is A P/E Not a P/E, or How To Turn 90 into 22 in Three Easy Steps (LINK)
Gresham’s Law & Growing Weeds - by Frank K. Martin (LINK)
The Logic of Risk Taking – by Nassim Nicholas Taleb (LINK)
What I Learned in the Last year - by Morgan Housel (LINK)
Inside Waymo's Secret World for Training Self-Driving Cars (LINK)
How Roger Federer Upgraded His Game [H/T @MarceloPLima] (LINK)
A Grand Unified Theory of Unhealthy Microbiomes - by Ed Yong (LINK)
The Anna Karenina hypothesis says that every unbalanced microbiome is unbalanced in its own way.