Investing

What I Believe Most by Morgan Housel of Collaborative Fund. The list is quite good, but this last section is a good takeaway:

There are five sources of edge: 1) Learn faster than your competition, 2) empathize with stakeholders more than your competition, 3) communicate more effectively than your competition, 4) be willing to fail more than your competition, and 5) wait longer than your competition.

» President’s Letters Constellation Software, Inc. via Business Lessons from Mark Leonard (Constellation Software) – 25iq

Epsilon Theory Manifesto - Epsilon Theory

The Bermuda Triangle of Wealth | Conrad Bastable … related … Meditations On Moloch | Slate Star CodexYou Don’t Understand Compound Growth

180 years of market drawdowns by Robert Frey.