Links - 9/7/2020
“Most of the money I've made in my life has been when other people don't like what's going on. When things are cheap, that's the opportunity.” —John Malone
Berkshire Hathaway Slashes Stake in Troubled Lender Wells Fargo (LINK)
David Rubenstein talks leadership skills of Buffett, Gates, Oprah, and other moguls in new book (video) (LINK)
Related book: How to Lead: Wisdom from the World's Greatest CEOs, Founders, and Game Changers
New podcast… Global Value Creators: A Conversation with Luis Barrios (LINK)
Luis discusses how he founded Hoteles City in 2002 and quickly opened his first hotel with partner Javier Arce. He then talks about many of the learnings over the growth years, including efficiencies from building 30 hotels. He then talks about how the organization is navigating the current crisis, conserving cash, and implementing new cleanliness procedures. He explains the remarkable culture he has fostered, employees' personal growth and happiness, and how every colleague is focused on serving the customer. Trying harder to please can make all the difference. Luis gives his view of how technology will change the hotel industry and how the goal of the CEO should be to make himself dispensable and prepare for departure day.
Planet Money Podcast: The Murderer, The Boy King, And The Invention Of Modern Finance (LINK)
Odd Lots Podcast: How A New Type Of Money Helped Cause The Great Financial Crisis (LINK)
Related book: Money: The True Story of a Made-Up Thing
The Peter Attia Drive Podcast: #127 - AMA #3 with sleep expert, Matthew Walker, Ph.D.: Fasting, gut health, blue light, caffeine, REM sleep, and more (LINK)
What Young, Healthy People Have to Fear From COVID-19 - by Derek Thompson (LINK)
A Medieval Metropolis Existed In What’s Now St. Louis, Then Mysteriously Disappeared in the 14th Century (LINK)
Why We All Need Philosophy - by Mark Manson (LINK)
“I have always thought that one man of tolerable abilities may work great changes, and accomplish great affairs among mankind if he first forms a good plan and, cutting off all amusements or other employments that would divert his attention, makes the execution of that same plan his sole study and business.” —Ben Franklin