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Money and Finance

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Why Warren Buffett's son isn't the heir apparent [H/T Will] (LINK)
Related book: Berkshire Beyond Buffett
Andrew Smithers: Quantitative easing and the Tokyo market (LINK)

John Kay: Why do we welcome innovation to products more readily than to processes? (LINK)

Google Just Made Near-Infinite Storage Cheap and Easy (LINK)

This retirement letter from Google’s CFO is like few you’ll ever read (LINK)

Ebola survivors offer clues to body's virus defences (LINK)

Chameleon colours 'switched by crystals' [H/T Linc] (LINK)
Published in the journal Nature Communications, the study was a collaboration between quantum physicists and evolutionary biologists at the University of Geneva. 
First of all, the team noticed there were no big, spidery cells containing yellow or red pigment that could explain the shifts in hue. 
They hit upon the importance of the crystals when they looked inside a type of cell called an "iridophore" using an electron microscope. Whichever angle they looked at them from, the crystals formed an incredibly neat, regular pattern - just the sort of arrangement that creates structural colours.
"When you see this with the eye of a physicist, you know it will have an effect on light," said senior author Prof Michel Milinkovitch. 
So Prof Milinkovitch and his colleagues set out to establish whether these crystals might explain not just the chameleon's bright colours, but its changes to those colours as well.





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I'm probably going to wait for some extensive notes--like those from Shane Parrish last year--before reading much on yesterday's Daily Journal Meeting, but if you're interested now, there are some excerpts and articles HERE, HERE, HERE,...

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3G Capital, Berkshire to Buy Kraft, Merge It With Heinz (video) (LINK) Warren Buffett was also on CNBC discussing the deal, HERE, HERE, HERE, and HERE. ValueWalk with more excerpts from the Baupost Group 2014 Letter (LINK) Farnam Street - Mental...

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How a 25-Year-Old Sparked Plunge at Lumber Liquidators (LINK) Horizon Kinetics' March Commentary (LINK) Absolute Return Letter - March 2015: Tigers in Africa (LINK) A Warning From Buffett About Banks [H/T Linc] (LINK) The $62bn secret of Warren Buffett’s...

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Have a room to rent? Buffett expects record crowd at Berkshire shareholder meeting for his 50th anniversary [H/T Linc] (LINK) Prof. Sergio Marchionne's bravura performance at the Detroit auto show (LINK) Seth Godin: Five thoughts on software...

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Elizabeth Holmes: One woman’s drive to upend medical testing (LINK) Related links: Elizabeth Holmes at TEDMED 2014 (video), Elizabeth Holmes interview at TechCrunch Disrupt San Francisco ’14Atul Gawande's 2014 Reith Lectures...



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