Weekly Kaizen – Dec 25th – Saturnalia

For a long time December has been a month of celebration trough different cultures, it’s the last month of the year and though out time humans came together to eat and exchange gifts. One such celebration was the Saturnalia festival by the Romans: for once a year there was no ranking in social order and slaves could command their masters to do things (slaves still had to do the basic tasks such as preparing food). Saturnalia explained by Historia Civilis:

How to be a Stoic

The New Yorker contributor Elif Batuman wrote a great piece on Stoicism, one of the philosophy’s of which I try to learn from and put into practice:

How to be a Stoic

Human Overpopulation – The Human Explosion explained

The amount of humans has never increased as much as the last 100 years, and is expected to continue growing for a while. A lot has been written on this subjects and there a lot of concerns, both for a healthcare perspective up to a shortage of food and environmental harm, however does it all look that bad?  Kurzgesagt talks in the below video on Human Overpopulation and into the positives aspects that we tend to overlook:

Jamie Dimon on Trump and Detroit’s revival

Bloomberg TV spoke with JP Morgan’s CEO and Chairman Jamie Dimon on several topics, including Trump and Detroit. As ever, every interview with Jamie Dimon is highly recommended, his pragmatic skills and way to put things forward in an simple manner are extraordinary.

Jamie Dimon Interview with Bloomberg

The Uber Cannibals

It has almost becoming a weekly recurrence to link to material from Monish Pabrai, and this week an article written by Monish Pabrai with Yingzhuo Zhao from Dhando Holdings (Investmet holding of Monish Pabrai):

Move Over Small Dogs Of The Dow, Here Come The Uber Cannibals

Carl Icahnn and the danger of ETF’s

There is no question about it that ETF’s have exploded in popularity, and why not? You can get the index return and out perform 90% of the professional money mangers by a paying fraction of the cost…As with every investment caution is needed, Carl Icahn spoke with CNBC on the dangers of ETF’s, Valuewalk gathered his interviews on the subject:

Carl Icahn Warning

Hope you enjoyed the content shared.

Have a wonderful week and enjoy your time with family and friends!

English is not my native language nor am I a skilled writer; if you have suggestions on the writing style,grammar, content or anything else please feel free to leave your feedback.

Weekly Kaizen – Dec 18th – Lazy Work Good Work

A bit later than usual, next weekly Kaizen is scheduled for this Sunday the 25th. This week we will take another look into A.I. including Jarvis, Facebook’s new A.I. system, why lazy work is good work, active vs passive investing and mental models.

Google vs AWS

Originally linked by Oldschoolvalue in their weekly curated links email, an article on what Google is focusing on to win clients and developers for their Google Cloud Platform.

How Google Is Challenging AWS

The Great A.I. Awakening

Following up on last weeks content on A.I. , this week an article by the New York times on the development of A.I., since A.I. is one the most promising technology’s expect this to become a reoccurring topic in Weekly Kaizen.

The Great A.I. Awakening

Facebook has also just announced their new A.I. developing platform, Jarvis:

Mark Zuckerberg on building Jarvis

Interview with Fast Company

Lazy work Good work

What have John D. Rockefeller, Albert Einstein, Bill Gates, Mozart and Warren Buffett in common? They all took time out of their day to be alone and think, Morgan Housel wrote an article on the importance of good work that first looks lazy: Lazy work, Good Work

Active vs Passive investing

What is better? Get in and out of stocks dozens of times a year or buy/sell a couple of stocks a year? Read Aswath Damodarn blog post on active vs Passive investing.

Alternatively you can what his video:

Mental Models

The last link of this week is to an article written in July by Gabriel Weinberg on Mental Models, critical if you want to become a better learner, understand and link your knowledge on different subjects.

Mental Models I Find Repeatedly Useful

 

Hope you enjoyed the content shared.

Have a wonderful week!

English is not my native language nor am I a skilled writer; if you have suggestions on the writing style,grammar, content or anything else please feel free to leave your feedback.

Podcasts

An overview of my favourite podcasts:

Title Host Topic Itunes
Dan Carlin – Hardcore History Dan Carlin History https://itunes.apple.com/ca/podcast/dan-carlins-hardcore-history/id173001861?mt=2
The Investors Podcast Preston Psyh and Stig Brodersen Investing https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489
The Knowledge project Shane Parrish Wisdom https://itunes.apple.com/us/podcast/the-knowledge-project/id990149481?mt=2&ls=1
The Science of Success
Matt Bodnar Self Improvement https://itunes.apple.com/us/podcast/the-science-of-success/id1059509178?mt=2
Tim Ferriss Show Tim Ferriss Self Improvement https://itunes.apple.com/us/podcast/the-tim-ferriss-show/id863897795?mt=2
Value Investing Podcast John Mihaljevic Investing https://itunes.apple.com/ie/podcast/value-investing-podcast-thought/id642016120?mt=2

 

Blogs

An overview of my favourite blogs:

Title Topic Link
Base Hit Investing Investing http://basehitinvesting.com/
Benedict Evans Venture Capitalist http://ben-evans.com/
BeyondProxy | Value Investing Ideas and Wisdom Investing http://www.beyondproxy.com/
Carl Newport Self – Improvement http://calnewport.com/blog/2016/09/30/nassim-talebs-implied-argument-against-social-media/
Damodaran Online: Home Page for Aswath Damodaran Investing http://pages.stern.nyu.edu/~adamodar/
David Webb Investing https://webb-site.com/articles/mingfai.asp
Derek Sivers Marketing https://sivers.org/
FarnamStreet Wisdom https://www.farnamstreetblog.com/
Graham And Doddsville Investing http://www.grahamanddoddsville.net/wordpress/?p=497
iinvestor | a value investing blog Investing http://insuranceinvestor.wordpress.com/
Investor Junkie – Investing Blog Investing http://investorjunkie.com/
Joshua Kennon’s Personal Blog Investing http://www.joshuakennon.com/
Monish Pabrai Investing http://www.know72.com/
Morgan House Investing/ Finance http://www.collaborativefund.com/blog/authors/morgan/
OTC Adventures Investing http://otcadventures.com/
Seeking Wisdom Investing https://janav.wordpress.com
Seth Godin Marketing http://sethgodin.typepad.com/
SumZero Investing sumzero.com
The Brooklyn Investor Investing http://brooklyninvestor.blogspot.ie/
Value and Opportuntiy Investing https://valueandopportunity.com/
Value Investing World Investing http://www.valueinvestingworld.com/
Value Seeker: Investment Notes Investing http://valueseekerinvestments.blogspot.ie/
Value Venture Investing https://oraclefromomaha.wordpress.com

 

Weekly Kaizen – Dec 11th -The Future of Cities

The Future of Cities

Two videos on cities, one by Oscar Byson and the other by Wired on Shenzhen:

Shenzhen: The Silicon Valley of Hardware (Full Documentary) | Future Cities | WIRED:

Can we build AI without loosing control?

In September Sam Harris gave a TED talk on the potential dangers of AI and what it could mean for humanity.

Backgammon and Google’s Financial Discipline

We end this weekly Kaizen with two articles from Bloomberg, the first is on Backgammon and why it’s more appealing than ever, the second article goes deeper into the events at Google that let to the shut down of some high profiled projects:

America’s Best Backgammon Player Works at Goldman Sachs

Google Makes So Much Money, It Never Had to Worry About Financial Discipline—Until Now

Hope you enjoyed the content shared.

Have a wonderful week!

English is not my native language nor am I a skilled writer; if you have suggestions on the writing style,grammar, content or anything else please feel free to leave your feedback.

Books

Reading is one of the most important habits of highly successful people, it’s one of the best way’s to expand your mind and increase your knowledge on a variety of topics.

How many books have you read so far this year?

If you look at reading as another form of entertainment it’s easier to make the habit to do it every day, scheduling 20 minutes a day will already have a big impact on the amount of books you read a year. Shane Parrish, from FarnamStreet, wrote at the end of January an article on how to read more: The Simple Plan To Read More. However it’s not just important to read more, as equally or even more important is to know how to read a book properly: How to Read a Book: The Classic Guide to Intelligent Reading, a must read for everyone who wants to get serious about reading.
One of best article I have read so far on the importance of reading: Will Schwalbe’s article for the Wall Street Journal The Need to Read.

Trought the drop down menu on the top of this page you can will find listed by topic and pages with the favourite books of investors like Warren Buffet, Charlie Munger, Ray Dalio, Bill Ackman, Howard Marks, and more.

Personally I like to read both non-fiction and fiction books, Non- Fiction subjects like history, investing and philosophy are my favourite, in regards to Fiction I have a wide variety of genres, from Classics to fantasy and I find some fictions books that have a biggest influence as reading them makes it easier to relate or understand. 

These are just some of my favourite books (in no particular order):

Non Fiction

Influence: The Psychology of Persuasion, Revised Edition

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel

How to Read a Book: The Classic Guide to Intelligent Reading

Caesar: Life of a Colossus

Augustus: The Life of Rome’s First Emperor

The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph

The Snowball: Warren Buffett and the Business of Life

The Black Swan: The Impact of the Highly Improbable

Titan: The Life of John D. Rockefeller, Sr.

Outliers: The Story of Success

David and Goliath: Underdogs, Misfits, and the Art of Battling Giants

Getting There: A Book of MentorsGetting There: A Book of Mentors

The 4-hour Workweek

Fiction

When Christ and His Saints Slept: A Novel

The Brothers Karamazov

Harry Potter Paperback Box Set (Books 1-7)

The Fault in Our Stars

Titus Groan

1984

The Shadow of the Wind

The Book Thief