Links

An excerpt from a rare, long interview with Stanley Druckenmiller (video) (LINK) [If you want to watch the entire 90-minute interview and you're not yet a subscriber, you can join or take a free trial by signing up HERE.]

A Primer on Banks (LINK)

The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart. - by Jason Zweig ($) (LINK)

Lessons from Scott Belsky’s Book “The Messy Middle” - by Tren Griffin (LINK)

Market Timing is Hard - by Ben Carlson (LINK)

Insider Trading’s Odd Couple: The Goldman Banker and the NFL Linebacker (LINK)

Cities Are Teaming Up to Offer Broadband, and the FCC Is Mad (LINK)

How Serious is the New Facebook Breach? - by Evan Osnos (LINK)

TED Talk: 3 lessons on decision-making from a poker champion | Liv Boeree (LINK)

This Timeless And Boldy Optimistic Idea Could Change Your Life - by Ryan Holiday (LINK)

Michael Lewis’s new book about Trump is a convincing ode to big government (LINK)

The book, which combines two features Lewis wrote for Vanity Fair and an audiobook he produced with Audible, extolls the virtues of the government at its best: The weather data we get from our apps? Thank NOAA. The fact that there aren’t more geese crowding American airports? Thanks, US Department of Agriculture (USDA). The reason eastern North Carolina didn’t get obliterated by a rogue hydrogen bomb in 1961? Safety mechanisms built by the Department of Energy (DOE).