“In much of your talking, thinking is half murdered. For thought is a bird of space, that in a cage of words may indeed unfold its wings but cannot fly.” More here – Brain Pickings
The recipe for succeeding in any given field is hardly a mystery: good ideas, hard work, discipline, imagination, perseverance and maybe a little luck. Oh, and let’s not forget failure, which Dashun Wang and his colleagues at Northwestern University call “the essential prerequisite for success” in a new paper that, among other things, is based…
In April of 1958, Hunter S. Thompson was 22 years old when he wrote this letter to his friend Hume Logan in response to a request for life advice. Thompson’s letter, found in Letters of Note, offers some of the most thoughtful and profound advice I’ve ever come across. More here – Farnham Street
Dire predictions of imminent stock-market doom are a recurring feature since the 2008 financial crisis, and one fund industry executive has had enough. Michael Cembalest, the chairman of market and investment strategy for J.P. Morgan Asset Management, rounded up apocalyptic predictions from a range of commentators, including famed investor George Soros, bond-market giant Jeffrey Gundlach,…
Stupid prediction from a soft article in the AFR today. UBS is forecasting the price of gold will remain above $US1500 ($2169) through the middle of 2020, rising to $US1650 an ounce by June 2022. JPMorgan is also expecting an increase, forecasting the gold price will remain higher than $US1500 until at least the end…
What seems to me to be one of the perennial myths about high performance is that you can do it on no sleep – this is the great con of the Silicon Valley tech executive. I have a friend who constantly boasts that they are in the office by 6.00 am every morning and that…
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