Links

"The businesses at the top of my portfolio are not necessarily going to be the ones that perform the best over the long term but are the ones I know will perform." --Chris Bloomstran [Source] 

1986 article: How to Tame the Casino Society - by Warren E. Buffett [H/T Linc] (LINK)

Non-Ergodicity and its Implications for Businesses and Investors - by Sanjay Bakshi (LINK)

A Big Little Idea Called Ergodicity (Or The Ultimate Guide to Russian Roulette) (LINK)

Nassim Nicholas Taleb on Skin in the Game (video) (LINK)

Related book: Skin in the Game

Robert G. Hagstrom on Liberal Arts Investing (video) (LINK)

Making a Killing with Bethany McLean (podcast): Tesla, and why "Elon Musk doesn't care about you" (LINK)

The Acquirers Podcast: Big Decisions: Michael Mauboussin talks luck, skill, success, risk, mean reversion and the base rate (LINK)

Robert Iger talks with Oprah Winfrey about his career at Disney (video) (LINK)

Related book: The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company

Yuval Noah Harari & Steven Pinker in conversation (video) (LINK)

The world is uniting to help this group - by Bill Gates (LINK)

Bill Gates delivers a speech at the Global Fund Replenishment conference in France.

The Many Contradictions of Thomas Edison - by Derek Thompson (LINK)

Related book: Edison - by Edmund Morris

It's only $4.99. But Costco's rotisserie chicken comes at a huge price (LINK)

A tweetstorm from Tren Griffin about wholesale transfer pricing power (LINK)

Why So Negative? - by Peter Zeihan (LINK)

What Economists (Including Me) Got Wrong About Globalization - by Paul Krugman (LINK)

Odd Lots Podcast: Why Governments Haven’t Learned The Lessons Of Japan (LINK)

The New Yorker Radio Hour (podcast): New Yorker Writers on Hong Kong, and Nixon After Tiananmen Square (LINK)

The New Yorker: Politics and More Podcast: Trump’s Abandonment of the Kurds Appeases Erdoğan and Infuriates Republicans (LINK)

Dexter Filkins joins Dorothy Wickenden to discuss how the incursion into Syria is affecting one of the most volatile regions in the world, and what it could mean for Trump’s Presidency.

5 Tenets of a Negative Self-Help - by Mark Manson (LINK)

Magnetars are the most powerful magnets in the Universe. Here's how they're made. - by Phil Plait (LINK)

What Made Me Reconsider the Anthropocene - by Peter Brannen (LINK)