Good Reading -- April 2019
New writing effort I'm writing about once a month on a range of business- and investing-related topics. I'm trying to improve my writing and all feedback is welcome. I will post everything on the website and on Medium (https://medium.com/@pordway), and I'll also distribute via email. Thank you in advance for the help! Quoted “Freedom is being disliked by other people. It is proof that you are exercising your freedom and living in freedom, and a sign that you are living in accordance with your own principles. Conducting yourself in such a way as not be disliked by anyone is an extremely unfree way of living.”
– Ichiro Kishimi and Fumitake Koga in ‘The Courage to be Disliked” (2013). (h/t Joe Koster) Books
Educated: A Memoir -- I understand why this book got so much attention when it came out last year. I've never read an autobiography quite like this one, and I gasped out loud more than once. Disturbing and fascinating and inspiring all at the same time. Pairs nicely with the recent college admissions scandal. (Thanks to Kristin for recommending and lending this book!)
Let My People Go Surfing: The Education of a Reluctant Businessman -- This is now 20 years old and parts of it have not aged well, but it is a very unique autobiography and parts of it are timeless.
Endurance: Shackleton's Incredible Voyage -- Wow. This is an amazing book. The story is unreal, and the writing is exceptional. I can't recommend this book enough.
Links
The Epic Hunt for a Lost World War II Aircraft Carrier -- This might be the best article I've read in the past few years.
Credit Suisse Global Investment Returns Yearbook -- I look forward to this every year.
Wealthy, Successful and Miserable -- A lot of good thoughts here from an excellent author, Charles Duhigg. Autonomy and a sense of meaning are crucial in any job; money has rapidly diminishing returns; true successes often come from learning to overcome early setbacks. "I'm jealous of everyone who had the balls to do something that made them happy. It seemed like too big a risk for me to take..."
Surprised by the Hot Hand Fallacy? A Truth in the Law of Small Numbers -- Even the original authors/researchers admitted that this is a very interesting and valid development in the field.
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