Links - 08/29/2022
“Human nature being what it is, small loopholes are likely to be exploited until they become big ones, and big ones until they turn into financial disasters.” —Seth Klarman
Tech Stocks Outperform: Truth or Myth? (LINK)
Lux Capital Q2 2022 Report (LINK)
Rights, Laws, and Google - by Ben Thompson (LINK)
How Interest Rates are Set (LINK)
Costco refuses to raise the price of its $1.50 hot dog combo despite painful inflation. 4 experts explain the strategy, and why Charlie Munger loves it. (LINK)
Odd Lots Podcast: Joelle Gamble Explains the Confusing State of the US Labor Market (LINK)
The first 4 parts of a 6-part podcast series on Napoleon (Part 1, Part 2, Part 3, Part 4)
The Rest Is History Podcast: 225. J.R.R. Tolkien (LINK)
Black hole delivery pipeline may feed a nearby galaxy (LINK)
No One Knows What’s Inside the Smallpox Vaccine (LINK)
5 Ways to Be Happy According to Epictetus [H/T @jposhaughnessy] (LINK)
“It is never my custom to use words lightly. If twenty-seven years in prison have done anything to us, it was to use the silence of solitude to make us understand how precious words are and how real speech is in its impact on the way people live and die.” —Nelson Mandela