"I think it’s the nature of things that some businesses die. It’s also in the nature of things that, in some cases, you shouldn’t fight it. There is no logical answer, in some cases, except to wring the money out and go elsewhere." --Charlie Munger
Baupost's Tesla Convertible Bonds Are Said to Be Bearish Wager [H/T Linc] (LINK)
‘Mega-Round’ investors shower start-ups with millions [H/T Matt] (LINK)
A trade war won’t fix Turkey - by Sebastian Mallaby (LINK)
Deja Vu In Turkey: Currency Crisis and Corporate Insanity! - by Aswath Damodaran (LINK)
The Bank for International Settlements has an interesting tool: Which banks are the largest creditors to a particular country? (video) (LINK)
Breakfast With a Dose of Roundup? (LINK)
Joe Moglia: Double Reinvention: From Football Coach to CEO of TD Ameritrade & Back to Football (The James Altucher Show) (LINK)
Ryan Holiday's Ultimate List Of Books To Base Your Life On (LINK)
Elephants Have a Secret Weapon Against Cancer - by Ed Yong (LINK)
Scientists Finally Crack Wheat’s Absurdly Complex Genome - by Ed Yong (LINK)
An Unprecedented Look at a Young Woman’s Face Transplant [H/T @Atul_Gawande] (LINK)