10 Friday AM Read – The Big Picture

My weekend morning the train WFH reads:

12 Lessons in Finance and More from Warren Buffett and Charlie Munger: Wisdom from two of the world’s most successful investors. (Sunset)

Riverfront Square, the successor to the failed Disneyland park that Bear helped kill: As Disneyland became an international sensation, Disney began to decide on its next big project. He still wasn’t sure he wanted to build an entirely new theme park, but when St. Louis arrived in 1963, his ears perked up. What followed was a strange tale of urban planning, beer wars, and a failed project that would change the Disney parks forever. (SF Gate)

Fingerprints of history: There have been a handful of times in my life where meeting someone for the first time stayed with me forever. One of those moments was in 2014 when I met Scott Krisiloff. At the time, he was running a wealth management company, but the thing that struck me had nothing to do with his day job. He was in the process of reading every issue of Time magazine published, beginning in 1923. I couldn’t believe it. (irrelevant investor)

Is This Crypto’s Lehman Moment? Here’s how to make sense of FTX’s industry-shaking collapse. (New York Times)

Significant influence of Friedrich Hayek: Modern free-market ideology owes much to the thinking of a neglected Austrian economist in the first half of its life (probability).

Hilarious but important Twitter check mark failure, explained: Hours after Mask started giving out paid check marks, tweets from fake “verified” accounts flooded the platform. (Vox) see more Elon Musk: ‘Are you not entertained?’ Tesla chief Raula Khalaf talks about going to Mars, preserving free speech via Twitter — and why aging is a ‘problem’ that shouldn’t be solved. (Financial Times)

Weed is now legal in Thailand. How long will the high times last? Cannabis shops have multiplied since the drug was decriminalized in June with warnings. But some lawmakers are pushing for tighter controls. (New York Times)

Why we still don’t have a vaccine for the common cold: For decades, scientists have been searching for a universal common cold vaccine—and they’re still searching (Popular Science)

Struggle with audience: What we can learn from artists about how to deal with other people’s expectations. (ruffian)

The Making of Silent Bruce: Willis was a fast-talking lead who became a man-of-the-word star. This made his mental decline all the more difficult to notice. (vulture)

Be sure to check out our Masters in Business interview this weekend with VettaFi’s financial futurist Dave Nadig. The ETF industry pioneer has over 25 years of ETF experience. As Managing Director of ETF.com, he was a key participant in the growth of the passive and ETF industries. Prior to this, he was Managing Director of Barclays Global Investors. He is the co-author of the definitive book on ETFs, “A comprehensive guide to exchange-traded funds,” for CFA Institute.

How US Uses Supply Chain Ways to Throttle China’s Chip Development

Source: Wall Street Journal

Sign up for our read-only mailing list here.

Print friendly, PDF and email

Leave a Reply

Your email address will not be published.