Blog

How To Read

“In my whole life, I have known no wise people who didn’t read all the time,” says Charlie Munger. “None. Zero.”

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What We’re Reading

Here are a few good articles the Collaborative Fund team came across this week.

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Winning Big on the American Dream

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“Insurance Is Sold, Not Bought.”

In an influential 1979 behavioral economics paper, Daniel Kahneman and his colleague Amos Tversky developed “Prospect Theory” as a way to make sense of decision-making. The summary of the paper was, if I may, that humans do not make optimal decisions, which normative (”should”) frameworks suggest, but instead have irrational aversion to certain losses, and minimize the probability of other losses.

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What We’re Reading

Here are a few good articles the Collaborative Fund team came across this week.

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A Chat With Daniel Kahneman

I attended a dinner last night with Daniel Kahneman, the psychologist who won the Nobel Prize in economics and the co-subject of Michael Lewis’s new book, *The Undoing Project. *The dinner was hosted by Zach Todd Liberman and Saumitra Thakur.

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Six Questions for Shane Parrish

Shane Parrish is one of the smartest people I know. He’s earned his knowledge through sheer hard work. Shane runs the popular blog Farnam Street, with the goal of “trying to master the best of what other people have already figured out.” He’s done this by reading more than anyone I know, and sharing what’s learned with the world. You can follow him on Twitter.

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It’s Time to Shake Up the Legal Industry

Close your eyes and picture the dream industry waiting to be disrupted. What’s it look like?

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Grandmasters of Work

Garry Kasparov lost to IBM’s Deep Blue computer in 1997. The press saw it as the turning point where man lost his edge to machine.

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What We’re Reading

Here are a few good articles the Collaborative Fund team came across this week.

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