Links - 07/07/2024
“Reaping dependably high returns from risky investments is an oxymoron. But there are times when this caveat is ignored—when people get too comfortable with risk and thus when prices of securities incorporate a premium for bearing risk that is inadequate to compensate for the risk that’s present.” —Howard Marks
Is Private Equity Smarter or Just More Arrogant? - by Steve Clapham (LINK)
Bad Assets, Good Liabilities - by Sanjay Bakshi (LINK)
THE LITTLE TECH AGENDA - by Marc Andreessen & Ben Horowitz (LINK)
Why the Walmart Model Doesn’t Work in Healthcare (LINK)
The Value Perspective Podcast: Chris Pavese (LINK)
Richer, Wiser, Happier Podcast: Investing In The Era of Climate Change w/ Bruce Usher (Video, Podcast)
Founders Podcast: #355 Rare Bernard Arnault Interview (LINK) [This episode is based on the article from a couple of weeks ago, “The House of Arnault,” and also includes additional insights about Arnault and the luxury industry in general.]
DNA Today: A Genetics Podcast: #296 Epigenetics and Beyond: Dr. John Greally’s Journey (LINK)
People I (Mostly) Admire Podcast: 135. How to Grow a White Rhino (LINK)
Declare Your Independence—From Misery - by Arthur C. Brooks (LINK)
Related book: The Pursuit of Happiness: How Classical Writers on Virtue Inspired the Lives of the Founders and Defined America
“Follow your bliss and the universe will open doors where there were only walls.” —Joseph Campbell