Burn Book.

by Kara Swisher

Swisher had had an amazing life, reporting on the growth of  Silicon Valley from the 90s and beyond. This book is crammed with many fascinating anecdotes of how she built relationships, watched startups and technologies grow and die, grew her values and got the scoop.

Along the way, she observed Silicon Valley's elite evolving from wide-eyed people who genuinely wanted to change the world, to more money  focused folks, who just want to grow there power.

The Undoing Project

By Michael Lewis

I've been reading about Prospect Theory and biased thinking for years. It was great to read the bio of two of the great minds behind it...

"People don't choose between things. They choose between the descriptions  things."

Thoughts on Warren Buffett

 

1. Buffet didn't retire. As of 2024 he is 93 years old. Warren Buffett, Oracle of Omaha, didn't occur until he was in his sixties. If he had retired in his fifties, he'd be rich, but not a famous billionaire. 
2. Buffet doesn't just buy and sell stocks. He finds companies that he knows how to run better, invests in them, reorganizes them, and then enjoys the profits. Berkshire Hathaway Real-estate is a great example. Over time he bought ok, but not great regional real estate companies, merged them, gave them a national presence, and earned profit from the result.
3. Read up on Buffett's long bet. Buffett bet that over a period of 10 years, the S&P index would outperform a bundle of hedge funds. And it did.
4. His estate will be passed on to his wife using a 90-10 investment mix-- 90% S&P Index. 10% Treasury bills.