"In the main, therefore, slumps are experiences to be lived through and survived with as much equanimity and patience as possible. Advantage can be taken of them more because individual securities fall out of their reasonable parity with other securities on such occasions, than by attempts at wholesale shifts into and out of equities as a whole. One must not allow one’s attitude to securities which have a daily market quotation to be disturbed by this fact." --John Maynard Keynes
Gates to Leave Boards of Microsoft, Berkshire Hathaway (LINK)
Microsoft Corp. co-founder Bill Gates is stepping down from the company’s board of directors, marking the biggest boardroom departure in the tech industry since the death of longtime rival and Apple Inc. co-founder Steve Jobs.
Mr. Gates, who also is vacating his board seat at Berkshire Hathaway Inc., intends to focus more on his philanthropic efforts. He will continue to serve as a technical adviser to Microsoft Chief Executive Satya Nadella, the software company said late Friday.
Coronavirus and Insurance Policies: What Is Covered? ($) (LINK)
Stocks Are in Chaos. Control the One Thing You Can. - by Jason Zweig ($) (LINK)
Stocks Are in Chaos. Control the One Thing You Can. - by Jason Zweig ($) (LINK)
Remember: You Don’t Control What Happens, You Control How You Respond - by Ryan Holiday (LINK)
Himalaya Capital Hosts Discussion on COVID-19 with Experts from China (video) [H/T @ShaiDardashti] (LINK)
Li Lu, Founder and Chairman of Himalaya Capital, hosted a video conference on March 13th, 2020 between three leading COVID-19 experts from China to share their valuable experiences fighting the virus on the frontlines over the past two months with leading scientists, health practitioners, and policy makers in the United States.How A Country Serious About Coronavirus Does Testing And Quarantine (video) (LINK)
Inside the Rope with David Clark (podcast): 59: John Hempton - Central Banks aren’t the answer to Coronavirus (LINK)
Hidden Forces Podcast: Passive Investing’s Role in the Coronavirus Market Melt-Down & Prospects for a Melt-Up | Mike Green (LINK)
The Peter Attia Drive Podcast: #97 - Peter Hotez, M.D., Ph.D.: COVID-19: transmissibility, vaccines, risk reduction, and treatment (LINK)
The Peter Attia Drive Podcast: #98 - Peter Attia, M.D. and Paul Grewal, M.D.: Coronavirus (COVID-19) FAQ (LINK)