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Money and Finance

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Kyle Bass on Real Vision TV (video) (LINK)

GMO White Paper: Is Skill Dead? (LINK) [Jeremy Grantham quote to start the paper: "90% of what passes for brilliance or incompetence in investing is the ebb and flow of investment style."]
In this white paper, Neil Constable and Matt Kadnar answer the question "Is skill dead?" as it pertains to active vs. passive investing within the context of poor performance for active managers in 2014.
Inside Zulily  [H/T Matt] (LINK)

Rise & Shine: The Morning Rituals of our Great Creative Minds, via the author of Daily Rituals: How Artists Work (LINK)
It definitely matters when and how you start the day—but that doesn’t mean that there’s one “right” way to do so. 
In my research, I found great creative minds who woke up at 4:00 a.m. and who slept until noon (or later); who went immediately to work and who spent hours waiting for the proper mood to arrive. 
What all these people have in common is that they devised a schedule and a set of habits that suited their temperaments and life circumstances—and that, in most cases, they organized their days (and, by extension, their lives) around creating the best conditions for their creative work.
Why You Should Have a Morning Routine (LINK)
Related previous post: Fundamentals...





- Links
Tim Cook's letter about The Need for Encryption (LINK) Aswath Damodaran: The Disruptive Duo: Amazon and Netflix! (LINK) Matt Ridley's Google Talk about his latest book, The Evolution of Everything: How New Ideas Emerge (LINK) Brain...

- Links
 Morningstar talks to Jeremy Grantham (video) [H/T ValueWalk] (LINK) Another 5%-10% appreciation would put the market in bubble territory, but that doesn't mean it will pop right away, says the GMO chief investment strategist.Latticework of Mental...

- Links
Neil deGrasse Tyson on Charlie Rose (video) (LINK) Aswath Damodaran: No Light at the end of the Tunnel: Investing in Bad Businesses (LINK) Fairfax Financial Ltd chief Prem Watsa tells his ‘Horatio Alger’ story [H/T Will] (LINK) Jim Chanos'...

- Stop Going Through The Motions
Hi Everyone, I hope this post finds you all doing well and living life to the fullest while aggressively pursuing financial independence.  But, let me tell you a little bit about the past few days. About a week ago, I was reading this post  by...

- Having Some Fun In Austin!
Hi Everyone, One of my goals this year was to save as much as possible but to live life.  My wife and I have a goal of traveling as much as possible before we have kids.  A few reasons for this:  1. It will be cheaper.  2.  We...



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