Market Folly
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What We're Reading ~ 4/5/17


Modern Monopolies: What It Takes to Dominate the 21st Century [Alex Moazed]

How moats make a difference [Intrinsic Investing]

Boyar Research's thesis on QVC and Madison Square Garden [Barrons]

Autonomous cars and second order consequences [Benedict Evans]

The hardest question in portfolio management [A Wealth of Common Sense]

Diversification, adaptation, and stock market valuations [Philosophical Economics]

Noise: how to overcome the high, hidden cost of inconsistent decisions [Harvard Biz Review]

How Domino's built a $9 billion empire [Bloomberg]

How do winning consumer goods companies capture growth? [McKinsey]

Airlines make more money selling miles than seats [Bloomberg]

At Blackrock, machines are rising over managers to pick stocks [NYTimes]

What's next for malls? [Fashionista]

Andrew Ng on what AI can and can't do [Harvard Business Review]

Margin debt hit all time high in February [WSJ]

The 1% rule: why a few people get most of the rewards [James Clear]