Join 📚 Edwin's Highlights

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

Failure to follow the fundamental full-attribution ethos of hard science What’s wrong with the way Mankiw does economics is that he grabs from other disciplines without attribution. He doesn’t label the grabbed items as physics or biology or psychology or game theory or whatever they really are, fully attributing the concept to the basic knowledge from which it came. If you don’t do that, it’s like running a business with a sloppy filing system. It reduces your power to be as good as you can be.

Poor Charlie’s Almanack

Charles T. Munger, Peter D. Kaufman, John Collison, and Warren Buffett

Adaptive, emotionally mature people have balanced lives and emotionally satisfying relationships. They can comfortably relate to the inner experiences of themselves and others. They accept reality on its own terms, adapting to it and mostly not fighting it. Their coping mechanisms are flexible, and instead of trying to rigidly control everything, they look for the most adaptive, least stressful solution that takes all factors into account. To get through tough times, they might use humor, creativity, deliberate suppression of unhelpful thoughts, and altruism.

Recovering From Emotionally Immature Parents

Lindsay C. Gibson

So it’s important that senior managers focus on what they actually can control: fostering a humble culture that encourages continuous improvement, holding the line on corporate costs, driving toward manufacturing excellence, encouraging extreme customer focus, establishing a disciplined capital allocation process, moving a portfolio toward higher-return assets, all while setting the incentives needed to keep employees focused on the task at hand.

Lessons From the Titans

Scott Davis, Carter Copeland, and Rob Wertheimer

...catch up on these, and many more highlights