Links - 3/23/2021
“The first principle I operate from is the idea of exclusion. I exclude whole swaths of things from my universe of things. I think that, in the whole world, there are probably 150, 200 listed companies that I would even consider owning a piece of. It's a completely different way of looking at the world.... I think that when you start examining what it is you own—what happens if you're on a ship and it's going down, and you're in your cabin and you have five minutes to get out, to get up to the deck. You look at your possessions that are sitting in your cabinet and you say, what's worth taking with me? Not very many things, is it? And this is what I did, in essence.” —Tony Deden
Beyond Investing (LINK)
TED virtual conversation: The innovations we need to avoid a climate disaster | Bill Gates (LINK)
Bill Gates’ latest Reddit Ask Me Anything (LINK)
How big is the Greensill problem at Credit Suisse? - by John Hempton (LINK)
Sovereign Writers and Substack - by Ben Thompson (LINK)
The Transcript 03.22.20 (LINK)
Innovation is a Geographically Localized and Temporary Phenomenon - by Matt Ridley (LINK)
The Knowledge Project Podcast: #107 Matt Ridley: Infinite Innovation (LINK)
Masters of Scale Podcast: 84. Disney’s Bob Iger: How acquisitions become an ecosystem, part 2 (LINK)
Invest Like the Best Podcast: Jesse Walden - A Primer on NFTs (LINK)
Land of the Giants Podcast: Googlers vs. Google (LINK)
The Peter Attia Drive Podcast: #154 - Steve Levitt (LINK)
John Stuart Mill’s Philosophy of Equality (LINK)
When Constitutions Took Over the World - by Jill Lepore (LINK)
“We’ve done a lot of that, scrambled out of wrong decisions. I’d argue that’s a big part of having a reasonable record in life. You can’t avoid the wrong decisions. But if you recognize them promptly and do something about them, you can frequently turn the lemon into lemonade.” —Charlie Munger