Outside the Cave – The Blog:
In addition to the weekly email, we also publish a blog at www.outsidethecave.com. You can also find each week’s list of top articles there. This week, we published two original pieces:
- Attain Maximum Performance in Selling – Book Review – The Art of the Sale
- How to Not Lose Money – Protecting Against Downside Risk – Investment Process Part 4
Food for Thought:
- BBC News – How creativity is helped by failure
- QZ – The revolutionary idea that being rich isn’t the point, having “enough” is
- NYTimes – In 5 Minutes, He Lets the Blind See. Nicholas Kristof travels to Nepal to meet an ophthalmologist who may have cured more people of blindness than anyone in history.
- NYTimes – The Women of Hollywood Speak Out. Female executives and filmmakers are ready to run studios and direct blockbuster pictures. What will it take to dismantle the pervasive sexism that keeps them from doing it?
- WSJ – Lou Holtz on the Secret to Leadership – Credit MH – Former Notre Dame football coach stresses vision, core values and trust
- WSJ – How Demographics Rule the Global Economy. The developed world’s workforce will start to decline next year, threatening future global growth.
- WSJ – Chicago School of Free Speech. An antidote for the infantilizing craze sweeping campuses.
- Stratechery – Selling Feelings. Create the conditions where the need might manifest itself and then meet that need, and not only will your business succeed, it will, in all likelihood, succeed to an even greater extent than the physically-limited lowest common denominator winners from the “good old days.”
- WSJ – Calpers’ Private-Equity Fees: $3.4 Billion. Pension fund’s disclosure stokes debate over whether such investments are worth expense.
- Reuters – Peltz’s activist fund Trian to end quarterly redemptions – Credit MH
- VAO – Buffett & Munger on the Cost of Capital – Don’t Listen to What They Say, Look at What They Do
- RV – The Most Painful, Expensive and Valuable Marketing Lesson I’ve Ever Learned
- WSJ – The Inside Story Behind a Wine List’s Creation. Putting together a restaurant wine list requires more than a few famous names and popular grapes, as Lettie Teague discovered when she followed the opening of New York restaurant Quality Eats.
- WSJ – Jeff Bezos’s Blue Origin Succeeds in Landing Spent Rocket Back on Earth. Commercial suborbital flights carrying paying passengers could start in less than two years, Bezos says.
- Slate – Inside the Sony Hack. What it was like to be a rank-and-file Sony employee as the unprecedented cyberattack tore the company apart.
- BizWeek – How Twitch Turned Video Game Voyeurism into Big Business
- Hodinkee – The Five Best Buys In Vintage Rolex, For $8,000 Or Less