Discover more from AKG's Weekend Readings Bulletin
Weekend Bulletin - 28 Apr'23 : Ed. 134
A compilation of few interesting, multi-disciplinary links from the internet
“Risk is not inherent in an investment; it is always relative to the price paid. Uncertainty is not the same as risk. Indeed, when great uncertainty—such as in the fall of 2008—drives securities prices to especially low levels, they often become less risky investments.” —Seth Klarman
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Section 1 - Investing & Personal Finance
Battle Scars by Ian Cassel [LINK]
Have you ever bought a stock/business and held too long? Let’s wait another quarter. “Just another quarter” stocks can drive you insane. You hope the business inflects. You hope the business accelerates. You hope they sign a partnership. You hope they get the financing done. You hope. You accumulate so much knowledge on the position trying to justify holding that it almost becomes your prison. You can’t let it go. You can’t get out. You want to be right so bad. Being right becomes more important than making money. Battle scars.
Some things I Think by Morgan Houself [LINK]
Those we admire most in sports, business, politics, and entertainment tend to share one quality: They knew when it was time to quit, time to pass the baton, time to disappear, in a way that preserved, even enhanced, their reputation. Nothing diminishes past success like overstaying your welcome.
Section 2 - Economic Trends & Themes
The end of recommendation letters [LINK]
If students can complete assignments with tools such as ChatGPT, what prevents their teachers? This is a question Ian Bogost discovers “brings students and faculty together” in The Atlantic.
Section 3 - Personality study & Development
Understanding the emotions behind Procastination by Anne-Laure Le Cunff [LINK]
Procrastination arises from a fight between the limbic system and the prefrontal cortex. Because of this fight, there are many emotions at play when we procrastinate. And when it happens, no amount of rational thinking will help getting unstuck. So what can we do instead? This article will teach you a simple science-based model to better understand and deal with the emotional roots of your procrastination.
Section 4 - Business History & management
The end of faking it in Silicon Valley [LINK]
After listing a few examples from the spate of frauds committed by startups, a piece in The New York Times shows the mirror to the venture capitalists.
Section 5 - Sports, literature & Entertainment
The Dazzling charm of Tashan [LINK]
YRF’s Tashan completed 15yrs this week. Pratyush from Film Companion writes how it was a film so hopped up on its own myth of blaring style, it could only be sensational. It operated beyond the dull binaries of good and bad, because it seemed so differnet. It just wanted to be noticed. But no one noticed. It Flopped!
That's it for me. Have a great weekend ahead!
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The content of this newsletter is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment, or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information set forth on this newsletter unless mentioned explicitly. The writer may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated on this newsletter