Music of the Week
The Neville Brothers were an American R&B/soul/funk group, formed in the 1970s in New Orleans. The group was made up of the four Neville brothers, Art, Charles, Aaron, and Cyril. Aaron spun out another group called The Meters, while Aaron’s son Ivan and Art’s son Ian are in the band Dumpstaphunk. A few of my favorite songs include Yellow Moon, Voodoo, and Brother John / Iko Iko.
Quotes of the Week
If you never give yourself the opportunity to experience silence, this creates turbulence in your eternal dialogue. – Deepak Chopra
When some political or ecclesiastical pamphlet, or novel, or poem is making a great commotion, you should remember that he who writes for fools always finds a large public. A precondition for reading good books is not reading bad ones: for life is short. – Arthur Schopenhauer
The man who can do the average thing when everyone else around him is losing his mind. – Napoleon
Fall in love with some activity, and do it! Nobody ever figures out what life is all about, and it doesn’t matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough. – Richard Feynman
Learn from those who have more years of experience. You have no idea how many hours a day I spent on the phone learning about finance from people with 15, 20, 25, 30 years of experience. – Ken Griffin
Articles of the Week
“Boras’ attention to detail is legendary: He gets an auto-generated email every half-hour with live stats for every one of his clients currently on the field, and has at least one employee watching every single game all season.” Baseball’s $10 Billion Man Won’t Apologize for Soaring Salaries
“I reached the level I did as a football and baseball player really being a 50 percent athlete my whole life.” Tom Brady As You Forgot Him
“Yeah, there was a lot of pent-up emotion that just came out on that 18th green. A moment like that makes all the years and all the close calls worth it.” Rory McIlroy wins Masters in playoff to earn career Grand Slam
“99% of good investing is doing nothing.” My Thoughts on Tariffs, Economic History, and the Market Decline
Book of the Week
Insull: The Rise and Fall of a Billionaire Utility Tycoon by Forrest McDonald is about one of the most important and notorious characters in the utility business. Insull was the billionaire utility magnate from Chicago whose electric and gas businesses operated in more than half of the U.S. states. Eventually, his businesses caused investors to lose nearly three billion dollars. Insull’s career started as Thomas Edison’s private secretary in the 1880s. He was responsible for creating centralized power plants for Edison. Insull worked out a model of nationwide distribution and ruralization of electricity. One of his many accomplishments included government regulation of public utilities. The story ends with Insull being extradited from Greece to the U.S. to stand trial for the multiple indictments thrown at him by the Department of Justice. For further reading, check out The Vagabonds: The Story of Henry Ford and Thomas Edison’s Ten-Year Road Trip | The Wizard of Menlo Park: How Thomas Alva Edison Invented the Modern World | Empires of Light: Edison, Tesla, Westinghouse, and the Race to Electrify the World | The Merchant of Power: Sam Insull, Thomas Edison, and the Creation of the Modern Metropolis.
Podcasts of the Week
Founders podcast is one of my favorites. The lessons I have learned over the years are countless. Recent episodes I enjoyed include:
Li Lu and Charlie Munger and Warren Buffett | Mr. Beast Leaked Memo | Rockefeller’s Autobiography