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A batch of the best highlights from what Edwin's read, .
Don’t use “Expected Value”
Economics instructs us to use “expected value” to evaluate investments. This is almost always the wrong tool for the job.
Deciding Whether an Investment Is Worthwhile
longform.asmartbear.com
If you are not embarrassed by your past self you have probably not grown up yet.
Excellent Advice for Living
Kevin Kelly
It’s as though this small number of special friendships are carved in stone into our psyches precisely because we engaged in such intense, emotionally passionate interactions. We can pick up these relationships years later exactly where we left them off. But for the rest, friendships are fickle things, here today and gone tomorrow. In many cases, they are just matters of convenience – someone to party with or go on day trips with, who will do for the moment in the absence of anyone better.
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