"Obviously the stock market is quite irrational in thus varying its valuation of a company proportionately with the temporary changes in reported profits. A private business might easily earn twice as much in a boom year as in poor times, but its owner would never think of correspondingly marking up or down the value of his capital investment." - Ben Graham
Related book: Leonardo da VinciConnor Leonard on the Invest Like the Best Podcast (LINK)
Not all risk mitigation is created equal - by Mark Spitznagel [H/T Jim] (LINK)
Amazon tells Australian retailers to prepare for orders from Thursday (LINK)
Katrina Lake, Stitch Fix founder & CEO, on CNBC (video) (LINK)
Latticework of Mental Models: Manufactured Memories (LINK)
Tyler Cowen on the Longform Podcast (LINK)
TED Talk -- Mariano Sigman and Dan Ariely: How can groups make good decisions? (video) (LINK)
TED Talk -- Scott Galloway: How Amazon, Apple, Facebook and Google manipulate our emotions (video) (LINK)
Related book: The FourEdge #504: "A Difference That Makes a Difference" - A Conversation With Daniel C. Dennett (LINK)
How Coral Researchers Are Coping With the Death of Reefs - by Ed Yong (LINK)
Stewart Brand on The Tim Ferriss Show (podcast) (LINK)
Tim Ferriss' new book was also released this week: Tribe of Mentors: Short Life Advice from the Best in the World