Join 📚 Edwin's Highlights
A batch of the best highlights from what Edwin's read, .
Another moneymaker for Bridgewater was Bob Prince. Dalio had delegated the lion’s share of research on bonds, or fixed income, to his longtime colleague. Prince made bonds, particularly U.S. Treasuries, considered the safest of all, a mainstay of Bridgewater’s client accounts. The move proved prescient and profitable. Treasuries went on a long streak of strong performance, up double digits some years, including in 2000, when the stock market dragged badly and busted currency bets weighed on the rest of the Bridgewater portfolio.
The Anti-Bullshit Manual One of the books that Chris has found himself gifting a lot is an out-of-print book on thermodynamics called The Second Law. “It was written by an Oxford physical chemistry professor named P.W. Atkins. That book is just a phenomenal, casual, infographic-laden read on how the world works from an energy perspective. I found that so incredibly useful in trying to understand how to do something, how to make something work, whether something’s even possible. It’s frequently my bullshit detector.”
Tools of Titans
Timothy Ferriss
As with self driving cars, most of the early players in humanoid robots, will quietly shut up shop and disappear. Those that remain will pivot and redefine what they are doing, without renaming it, to something more achievable and with, finally, plausible business cases. The world will slowly shift, but never fast enough to need a change of name from humanoid robots. But make no mistake, the successful humanoid robots of tomorrow will be very different from those being hyped today.
Blog – Rodney Brooks
rodneybrooks.com
...catch up on these, and many more highlights
Readwise