Links - 06/23/2025
“Most people don’t want to tempt fate by saying things will go well forever, and in fact they know they won’t. It’s just that they can’t decide what it is that will go wrong. The truth is that while I can enumerate them, the obvious candidates (changes in oil prices, interest rates, exchange rates, etc.) are likely to already be anticipated and largely priced in. It’s the surprises no one can anticipate that would move markets most if they were to happen. But (a) most people can’t imagine them and (b) most of the time they don’t happen. That’s why they’re called surprises.” —Howard Marks (“Expert Opinion” — January 10, 2017)
THOUGHTS AT MID-YEAR - by Gene Hoots (LINK)
Checking In on AI and the Big Five – by Ben Thompson (LINK)
Founders Podcast: #392 Michele Ferrero and His $40 Billion Privately Owned Chocolate Empire (LINK)
The Value Perspective Podcast: Jonathan Boyar (LINK)
EconTalk Podcast: How to Be a Super Ager (with Eric Topol) (LINK)
Short History Of... Podcast: The Spanish Flu (LINK)
The Peter Attia Drive Podcast: What the dying can teach us about living well: lessons on life and reflections on mortality | BJ Miller, M.D. and Bridget Sumser, L.C.S.W. (LINK)
Raising ourselves, not just children - by Jawad Mian (LINK)
“The best fighter is never angry.” —Lao Tzu
“Fury and anger carry the mind away.” —Vergil
“Anger and folly walk cheek by jole; repentance treads on both their heels.” —Benjamin Franklin