Mike's notes.
It looks like Daryl Morey is thinking like Howard Marks. But, he probably always has. On the Wharton Moneyball podcast, Eric Bradlow talked through why the Houston Rockets might think playing “five guys a large number of minutes that are all six-seven to six-four” to end the season and into the playoffs was a good … Continue reading Morey thinking like Marks
On the Wharton Moneyball podcast the trio of Eric, Adi, and Cade talked about betting lines for the upcoming weekend in sports and they brought up a good point: Liebig’s Barrel. The idea is that a barrel can only hold as much water as the shortest slat. In the context of Wharton Moneyball the trio … Continue reading Always Fix Your Weaknesses
“Jeopardy! James” Holzhauer won a total of 2.7M dollars during his appearances on Jeopardy!. It was a financial and cultural success as bar flies asked each other, have you seen this guy? During the week his run ended, Holzhauer appeared on the Wharton Moneyball podcast to talk about his approach on the show as well … Continue reading Forward and Backward Thinking
Supported by Greenhaven Road Capital, finding value off the beaten path. If you aren’t familiar with Michael Mauboussin’s work the best introduction is this FT interview from 2017. Our notes will focus on his 2019 Invest Like the Best Podcast with Patrick O’Shaughnessy. … Stakeholders. One of the ILTB principles is that the podcast is … Continue reading Michael Mauboussin V
Supported by Greenhaven Road Capital, finding value off the beaten path. Ken Kocienda contributed to Apple’s Safari web browser and the iPhone keyboard as an Apple engineer. He’s also the author of Creative Selection. Our notes will be from his 2019 conversion with a16z’s Frank Chen. Safari Until 2003, Mac computers used Microsoft’s Internet Explorer. … Continue reading Ken Kocienda
Supported by Greenhaven Road Capital, finding value off the beaten path. Notes from the May 2017 podcast between Bill Belichick and Paul Rabil. On Leadership. “The coaching part isn’t easy but I’ve had a lot of experience with that. It’s the overseeing of all the departments…the things that support our team…it all has to be … Continue reading Bill Belichick
Supported by Greenhaven Road Capital, finding value off the beaten path. In a Real Vision interview, Marc Cohodes said he was now friends with Rick Federico of P.F. Chang who called him and said, ‘Whatever your issues, at least reach out to me first.’ Cohodes was impressed by this, by a leader who welcomes good … Continue reading Patrick Doyle
Supported by Greenhaven Road Capital, finding value off the beaten path. Michael Fishman is the Assistant GM of the New York Yankees. Fishman majored in Math at Yale, computed insurance risks as an actuary, and won a surfing fantasy sports competition. On the Wharton Moneyball podcast, Fishman said that he wanted to bring an actuary … Continue reading Michael Fishman
Supported by Greenhaven Road Capital, finding value off the beaten path. Spoilers, like Reacher’s elbow, arrive fast and unexpectedly in this post. The Jack Reacher story by Lee Child is an ongoing, twenty-two book, series with the title character as a former Military Police officer acting as a good guy Goliath. Reacher has survived, in … Continue reading Jack Reacher
Supported by Greenhaven Road Capital, finding value off the beaten path. Rory Sutherland makes a good point. He notes that if you get into a great restaurant but it smells awful you’ll have a bad experience.David Ogilvy understood this too. Terry O’Reilly’s Under the Influence podcast is built around this idea and he says; “the reason … Continue reading Sizzle and Steak
