Links - 02/14/2022
“It’s easy to invest in dreams. The challenge is to discern value in what’s tangible today.” —Howard Marks [via Richer, Wiser, Happier]
A lecture by Sanjay Bakshi: Some Life Lessons (video) (LINK)
The Trouble With a Stock-Market Bubble - by Jason Zweig (LINK)
Why you’re probably overconfident – and what you can do about it - by Chris Leithner (LINK)
Putting Ideas into Words - by Paul Graham (LINK)
Back to Earth or Temporary Setback? Revisiting the FANGAM Stocks - by Aswath Damodaran (LINK)
Hayden Capital’s Q4 2021 Letter to Investors (LINK)
GMO on the valuation of Resources Equities [H/T Linc] (LINK)
A Primer On Valuation - by Thomas Chua (LINK)
Inflation Is Not a Simple Story About Greedy Corporations - by Robert J. Shiller (LINK)
The moral calculations of a billionaire [H/T @mastersinvest] (LINK)
How a Small Alabama Company Fueled Private Equity’s Push Into Hospitals (LINK)
Not a Rare to Spare - Doomberg (LINK)
A talk on cryptocurrencies from David Rosenthal (LINK)
Russia's Ukraine Gambit - by Peter Zeihan (video) (LINK)
Lacy Hunt, Harley Bassman and Michael Green talk inflation and interest rates (video) (LINK)
Good Investing Talks: Christopher Tsai (video/podcast) (LINK)
This Week in Intelligent Investing Podcast: SPECIAL: Adam J. Schwartz on Designing a Business to Fit Your Investment Approach (LINK)
The Investor’s Podcast: TIP421: Expectations Investing w/ Michael Mauboussin (LINK)
Infinite Loops Podcast: Lily Francus and Jesse Livermore — Understanding Financial Bubbles (LINK)
Odd Lots Podcast: Tim Duy on the Huge Challenge the Fed Now Has in 2022 (LINK)
Lex Fridman Podcast: #264 – Tim Urban (LINK)
History That Doesn't Suck Podcast: 105: “A Splendid Little War:” The Spanish-American War and Theodore Roosevelt’s Rough Riders (LINK)
The Peter Attia Drive Podcast: #195 - Freedom, PTSD, war, and life through an evolutionary lens | Sebastian Junger (LINK)
Six Questions For Derek Thompson (from Morgan Housel) (LINK)
Why America Has So Few Doctors - by Derek Thompson (LINK)
What the “Involution” Olympics in Beijing Suggest About China’s Future - by Evan Osnos (LINK)
Another candidate exomoon found: An alien moon orbiting an alien world! (LINK)
“Culture is destiny.” —Lee Kuan Yew
“Culture eats strategy for lunch.” —Peter Drucker