Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
History is mostly the study of surprising events. But it is often used by investors and economists as an unassailable guide to the future. Do you see the irony? Do you see the problem? It is smart to have a deep appreciation for economic and investing history. History helps us calibrate our expectations, study where people tend to go wrong, and offers a rough guide of what tends to work. But it is not, in any way, a map of the future.
The Psychology of Money
Morgan Housel
Really finance is the study of human behavior and I guess signing your name really big is a human behavior like anything else, apparently one that correlates with stock buyback announcements.
Money Stuff: The SEC Comes for Crypto Custody
Matt Levine
My favourite recent saying to replace “less is more” is this, by Paul Valéry (another poet!):
> Everything simple is false. Everything complex is unusable.
“It’s Not So Simple to Celebrate a Phrase.”
Marcin Wichary
...catch up on these, and many more highlights