📚 Edwin's Highlights

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A batch of the best highlights from what Edwin's read, .

We are highly judgmental survival-and-replication machines. We constantly walk around thinking, “I need this,” or “I need that,” trapped in the web of desires. Happiness is the state when nothing is missing. When nothing is missing, your mind shuts down and stops running into the past or future to regret something or to plan something.

The Almanack of Naval Ravikant

Eric Jorgenson, Jack Butcher, and Tim Ferriss

Apple’s obsession with design also meant Goldman’s legal team had to determine whether certain ideas would fly with regulators. For example, card agreements typically need a two-column box that clearly displays a card’s interest rates and fees. For users signing up, Apple wanted the box to appear in a single column, since a two-column box wouldn’t display well on the iPhone’s narrow screen, according to people familiar with the matter. The redesign made its way into the sign-up process, though the downloadable card agreement still shows up in two columns.

How the Partnership Between Apple and Goldman Soured

theinformation.com

The partners who took Berkshire stock in 1970 when it traded around $40 seemed no better off five years later. “It looked like not much was happening favorably for a long, long time,” says Munger. “And that was not the way our partners, by and large, had previously experienced things. The paper record looked terrible, yet the future, what you might call the intrinsic record, the real business momentum, was gaining all the while.”

The Snowball

Alice Schroeder

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