Links - 9/28/2021
“When we look at businesses, we try to think of what can go wrong with them. We try to look [for] businesses that are good businesses now, and we think about what can go wrong with them. If we can think of very much that can go wrong with them, we just forget it. We are not in the business of assuming a lot of risk in businesses. That doesn’t mean we don’t do it inadvertently and make mistakes, because we do. But we don’t intentionally, or willingly, voluntarily, go into situations where we perceive really significant risk that the business is going to change in a major way.” —Warren Buffett
Editor’s Note: Due to Google Drive security changes, some of you have had trouble downloading files on the Resources page. I changed the links, so they should all work now.
Don’t Trust Your Gut - by Jason Zweig (LINK)
Berkshire shares are below Buffett’s late-spring repurchase prices (LINK)
Could Green Energy Fuel a Bull Market in Commodities — and in Oil and Gas? (LINK)
Jeremy Grantham on CNBC (Video 1, Video 2)
Asia Tech Strategy Podcast: Why DCF Sucks for Digital Valuation. (LINK)
Compounders Podcast: Creating the Fastest Global Satellite Broadband Network with Mark Dankberg, Co-Founder and Executive Chairman of Viasat, Inc. (NASDAQ: VSAT) (LINK)
Invest Like the Best Podcast: Jay Hoag - Calibrating Market Adoption (LINK)
The Negotiation Podcast: Rui Ma | The Tech Buzz Of China (Part 1, Part 2)
a16z Live Podcast: One on One with A and Z #11: How much rare knowledge is there? (LINK)
The Tim Ferriss Show (podcast): #534: Michael Dell (LINK)
Related book: Play Nice But Win: A CEO's Journey from Founder to Leader
The James Altucher Show (podcast): 762 - Steven Pinker (Part 1, Part 2)
Related book: Rationality: What It Is, Why It Seems Scarce, Why It Matters
The Atlantic Festival 2021: United Airlines' CEO, Scott Kirby, on the Future of How We Fly (video) (LINK)
The Atlantic Festival 2021: Ed Yong talks with Anthony Fauci about the pandemic (video) (LINK)
Dwarf planets can have rings, too, if they're lumpy or oblate (LINK)
“The most important decision you make is to be in a good mood.” —Voltaire
“As I’ve gotten older...I could not help but notice the effect on people of the stories they told about themselves. If you listen to people—if you just sit and listen—you’ll find that there are patterns in the way they talk about themselves. There’s the kind of person who’s always the victim in any story that they tell—always on the receiving end of some injustice. There’s the person who’s always kind of the hero in every story they tell. The smart person—they deliver the clever put down. There are lots of versions of this. And you gotta be very careful about how you tell these stories because it starts to become you. You are, in the way you craft your narrative, kind of crafting your character. And so, I did at some point decide: I am going to adopt self-consciously as my narrative that I’m the happiest person anybody knows. And it is amazing how happy-inducing it is.” —Michael Lewis