"Examine the record of history, recollect what has happened within the circle of your own experience, consider with attention what has been the conduct of almost all the great unfortunate, either in private or public life, whom you may have either read of, or heard of, or remember; and you will find that the misfortunes of by far the greater part of them have arisen from their not knowing when they were well, when it was proper for them to sit still and be contented." - Adam Smith [H/T "Manias, Panics, and Crashes"]
As Credit Booms, Citi Says Synthetic CDOs May Reach $100 Billion [H/T Matt] (LINK)
Richard Bookstaber discussing his book The End of Theory (video) (LINK)
A Closer Look at Ray Dalio’s 1937 Scenario (LINK)
Related book: Quiet: The Power of Introverts in a World That Can't Stop TalkingThe First Rule of Leadership - by Ben Horowitz (LINK)
Walmart’s late-mover advantage (LINK)
Alex Rubalcava talks to Meb Faber (podcast): “If You’re Going to Be an Angel Investor… You Have to Be Devoting Significant Time to It” (LINK)
Atul Gawande talks with Krista Tippett (LINK)
Related book: Being Mortal: Medicine and What Matters in the End
Related links: 1) Atul Gawande: "Being Mortal: Medicine and What Matters in the End" | Talks at Google; 2) Dr Atul Gawande: The Future of Medicine (The Reith Lectures 2014)The Reith Lectures: Michael Sandel on Bertrand Russell (podcast) (LINK)
The Reith Lectures: Brian Cox on Robert Oppenheimer (podcast) (LINK)
Forest Animals Are Living on the Edge - by Ed Yong (LINK)
Scientists Identify a Third Orangutan Species - by Ed Yong (LINK)