8 June 2020
Benjamin Graham
Pet Rock Star
“About one hundred years ago, John Ruskin told the story of a man who boarded a ship carrying his entire wealth in a large bag of gold coins. A terrible storm came up a few days into the voyage and the alarm went off to abandon ship. Strapping the bag around his waist, the man went up on deck, jumped overboard, and promptly sank to the bottom of the sea. Asks Ruskin: ‘Now, as he was sinking, had he the gold ? Or had the gold him ?’” - Peter L. Bernstein, The Power of Gold: the history of an obsession.
30 May 2020
Oaktree capital
Three little words
For a successful technology, reality must take precedence over public relations, for nature cannot be fooled.
25 May 2020
Covid crisis
The Covid-19 Crisis in Movie Quotes
“Nobody knows anything.” - The opening line from Adventures in the Screen Trade by William Goldman.
14 May 2020
kyle bass
Man is the warmest place to hide
History suggests that inflation may be the only way out