This Week I Learned #64
“Go to bed smarter than when you woke up”
2019-08-19
Book: Skin in the Game by N.Taleb: A case to consider "thinking" about when it comes to income inequality - "39% of Americans will spend a year in the top 5% of the income distribution, 56% will find themselves in the top 10%, and 73% will ……………
2019-08-20
"Jealousy is to be found within the same art, talent and condition." - Jean de La Bruyere; "Cobbler envies cobbler, carpenter envies carpenter." - Hesiod. The middle class …….
2019-08-21
"Burn old logs. Drink old wine. Read old books. Keep old friends." - Alfonso X of Spain. Non-perishables and perishables where life expectancy (and even value)…….
2019-08-22
Book: Skin in the Game by N.Taleb: Digging into the Lindy Effect (i.e. something that's lasted 100 years has staying power of 100 years. Standing the test of time); Taleb makes a case for the requirement for social sciences to be…..
…… - Ennius and Cicero
………… - Livy
……… - Nietzsche
……….. - Publilius Syrus
2019-08-23
The HKD trade with Kyle Bass and Raoul Pal on Real Vision. Learned about the state of the Hong Kong financial/housing economy. In light of such news, it makes me think the recent riots are this public facade that could be scapegoated for a greater underlying problem. HK's financial institutions have ………….
2019-08-24
The Investor's Podcast with Ken Fisher (Fisher Investments $100Bn AUM). 1) The default is to be bullish. Because to …………
2019-08-25
The Investor's Podcast with Mohnish Pabrai. Learned the existence of Buffet's annual meetings from 1994 onwards recorded here. This is an amazing archive of knowledge. Another big learning was on how the insurance business was a mistake for Mohnish 5 years ago. When I first ……….