Links - 4/15/2021
“...in my view, risk is primarily the likelihood of permanent capital loss. But there’s also such a thing as opportunity risk: the likelihood of missing out on potential gains. Put the two together and we see that risk is the possibility of things not going the way we want.” —Howard Marks
Jeff Bezos’ last letter to shareholders as CEO of Amazon (LINK)
The Octopus and The Shark - by Christopher Pavese (LINK)
Insights from Square (LINK)
Oaktree Insights Live: Life Sciences Direct Lending (LINK)
How Growing Up With No Hot Water Shaped One of the World’s Greatest Investors ($) (LINK)
Related book (released next week): Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life
Excess Returns Podcast: The History of Berkshire Hathaway and Warren Buffett with Adam Mead [H/T Linc] (LINK)
Related book: The Complete Financial History of Berkshire Hathaway
Odd Lots Podcast: Zach Carter on the Real Story of Weimar Hyperinflation (LINK)
The NFX Podcast: A Proposal to Jack & Zuck: Chris Anderson (ex-WIRED) & James Currier on Regulating Social Media (LINK)
Founder’s Field Guide Podcast: Trevor McFedries - Building Web 3.0 (LINK)
The Tim Ferriss Show (podcast): #509: George Mumford (LINK)
Related book: The Mindful Athlete
Some People’s Bodies Aren’t Set Up for Vaccines (LINK)
A dead comet that doesn't chafe (LINK)
“The most exciting phrase to hear in science, the one that heralds new discoveries, is not ‘Eureka’ but ‘That's funny.’” —Isaac Asimov