"A person who knows little likes to talk, and one who knows much mostly keeps silent. This is because a person who knows little thinks that everything he knows is important, and wants to tell everyone. A person who knows much also knows that there is much more he doesn't know. That's why he speaks only when it is necessary to speak, and when he is not asked questions, he keeps his silence." - (After) Jean Jacques Rousseau (via A Calendar of Wisdom)
Overcoming Your Demons - by Morgan Housel (LINK)
Amazon is Relentless (LINK)
FT Alphachat podcast: Should Amazon be broken up? (LINK)
Lina Khan, a writer and fellow at New America, joins FT Alphaville's Alex Scaggs to discuss how the tech company's unique organisational structure and business strategy raise possible antitrust issues that current law isn't particularly well designed to address. It's the subject of Khan's paper, "Amazon's antitrust paradox", recently published in the Yale Law Journal.Apple’s New Open Office Sparks Revolt (LINK)
Role-Play Screening - by Eric Cinnamond (LINK)
The Absolute Return Letter, September 2017: Two Sides of the Same Coin (LINK)
Rarely have equity bulls and bears disagreed more than they do at present. We look at both the bull case and the bear case, and then we introduce a longer-term structural angle, which is largely ignored by both bulls and bears. This third side of the coin is based on the fact that inflation is structurally low, and that central banks may be committing a serious policy error by targeting 2% inflation, when it is almost impossible to drive inflation to those levels.Origin Stories podcast: Ancestor (LINK)
Just recently, the news media announced the discovery of a 13 million-year-old fossil ape called Alesi. This remarkable fossil was found in Kenya, and it’s from a time period where there’s a big blank spot in the fossil record of our family tree. Alesi tells us something new about the very early evolution of apes and even shows what the common ancestor of humans and all the other living apes might have looked like. In this episode, Isaiah Nengo tells the story behind the discovery.The Parasite That Wires Plants Together - by Ed Yong (LINK)