Late May Links

I’m working on a piece about Bitcoin, money, and the necessary qualities of an effective currency. But for now, here are some gems from the past few weeks:

Josh Brown on the inanity of cheering on a crash (“throwing spaghetti against the wall”).

Why Monish Pabrai regrets selling Ferrari.

Shane Parrish on seeking out disconfirming evidence.

Ben Carlson on barriers to entry in the investment business.

Robert St. George on information intensity in equity investing.