Join 📚 Joerg's Highlights
A batch of the best highlights from what Joerg's read, .
Note how there's a common theme here: Past performance is no guarantee of future results. According to "efficient" markets theory, past performance is unrelated to future results. According to behavioral finance research, future results will actually tend to reverse past performance, possibly because so many silly people exhibit herd behavior and jump on bandwagons.
Gold, gold, GOLD!!!
Noah Smith
I call this “death by blindspot”
5 Reasons Why Companies Fail to Raise Capital
Marene Ter
This slide is why Bill Gates is one of the richest men in the world.
Scenario Planning for the Long-Term
The Long Now Foundation
...catch up on these, and many more highlights
Readwise