Erasmus

Schopenhauer

Connor Quirk Nassim Nicholas Taleb You said "Zone 2 qualifies as “Vigorous” for anyone highly trained" - correct, therefore anyone *not* highly trained (Eg the ref pop in the paper) has to go beyond Zone 2 HR to accumulate VPA, which they showed empirically is 4-9x more valuable than MPA done @ 3-6 METS.

This is a nice share. Take a “best books” list from 25y ago and see if any are really read much today > 90% no (even adding what Grok missed). Choose your reading carefully! So many great books out there.

Lots of guys *should* let their strength stall at a certain point. A lesson I learned eventually.

This NYRB series is a nice way to escape The Canon when it comes to 20thC fiction. Wide range of writers, good translations, etc. You get the benefit of some time filtering without the narrowness of the Official List of 20thC authors like Hemingway et al.

My advice to a young stock picker, to myself at 20: These war stories are harmful taken literally. The principles of investing are ~unchanged but the players on the game board have changed drastically. This “just read the 10ks” gap closed a long time ago, if it were ever true.

The comments show how few people understand this tweet and its point. First, you ensure that you won’t go broke - then maximize return. If I “cherry-pick” a period when my house doesn’t flood, my home policy seems unwise. Adding opacity and randomness, you might want the policy.

Translation is one of those things that is so much of an art, it’s hard to come up with true “rules”. Clearly you trade accuracy for meter, rhythm for completeness and so on - but how much is all art. Borges on the various Iliads in English is a really fun read.

Another important problem- paper wealth is not “stuff” and can’t easily be converted into stuff at scale. When Bezos went from 0 to $100B he didn’t gain exclusive access to all the farmland and apartments & so on. The relationship between money and stuff isn’t easily summarized.

These analyses are *highly* sensitive to dates -very highly. Move a couple of years back or forwards and a very different result. Use DFSVX as a proxy and experiment.

Some serious appreciation for the boys at Koyfin, Fiscal.ai and TIKR that make it possible for individual investors to get data / info on companies, globally Not perfect by any means, but the price to value provided is absolutely monstrous (Not paid by anyone)

Bloomberg may well be invincible given that everyone seems to have a different perspective on their supposed moat. Like a book with infinite summaries and interpretations.

Abel will put skin in the game (as he should) and I suspect will do a nice job at BRK. But no one will ever have their soul in it like WB - eventually that will show.

Upside of AI: Can turn pics of your library into an organized list. Downside: Can now easily compute what % of them I've actually read...

All manosphere influencers seem to think they have worked out masculinity from first principles, free of social norms. But if you transplanted them to the last century, people would have assumed they were bizarrely vain. You didn't see DI Burnside on The Bill going to a gym

Napoleon once said that the surprising thing wasn’t that every man has his price, but how low it is, and I can’t help but see that everywhere now

The dispersion of returns by asset class I often think about this