Discover more from AKG's Weekend Readings Bulletin
Weekend Readings-25th Sept: Edition 8
A compilation of few interesting, multi-disciplinary reading links from the internet.
Over the last four decades, Feeney has donated more than $8 billion to charities, universities and foundations worldwide through his foundation, the Atlantic Philanthropies. When I first met him in 2012, he estimated he had set aside about $2 million for his and his wife's retirement. In other words, he's given away 375,000% more money than his current net worth. And he gave it away anonymously. While many wealthy philanthropists enlist an army of publicists to trumpet their donations, Feeney went to great lengths to keep his gifts secret.
Joel Greenblatt has one of the best track records of all professional money managers. He wrote several books on investing but two of those — You can Be a Stock Market Genius and The Little Book That Beats the Market — are widely read on Wall Street and have influenced an incredibly large number of investors ranging from retail investors to hedge fund managers.
The Chinese lockdown was more intense than almost anywhere else in the world. Neighborhood committees, the most grassroots level of Communist Party organization, enforced the rules, and in many places they limited households to sending one individual outside every two or three days to buy necessities. If a family were suspected of exposure to the virus, it wasn’t unheard-of for their door to be sealed shut while tests and contact-tracing were being conducted.
Since the early 1990s until recently, the world had been witnessing an economic “convergence,” whereby poor countries finally (after 200 years) were beginning to catch up with rich ones. Although some countries, especially in East Asia, had already been converging for a long time, only in the past three decades did this become a truly global phenomenon.
Call it the Principle of Psychoprofessional Gravitation: the idea that the agony of professional oblivion is directly related to the height of professional prestige previously achieved, and to one’s emotional attachment to that prestige. Problems related to achieving professional success might appear to be a pretty good species of problem to have; even raising this issue risks seeming precious
Imagine if you had only one source of information and entertainment, and even that gets stolen. That is the situation Varun Grover and his morning newspaper landed up in. Watch this hilarious story of how Varun caught his paper chor and the many hoops he had to jump through to find the truth. Detective Grover solved the case nonetheless, find out how.