Top 5 Reads of the Week | March 6, 2019

Top 5 Reads of the Week | MIT ReviewHow we’ll invent the future
by Bill Gates | MIT Technology Review

“Scientists are on the cusp of commercializing the first personalized cancer vaccine. If it works as hoped, the vaccine, which triggers a person’s immune system to identify a tumor by its unique mutations, could effectively shut down many types of cancers.”


The MBA Myth and the Cult of the CEOTop 5 Reads of the Week | Institutional Investor
by Dan Rasmussen & Haonan Li | Institutional Investor

“We found no statistically significant alphas — despite testing every possible school with a reasonable sample size. MBA programs simply do not produce CEOs who are better at running companies, if performance is measured by stock price return.”

 


Top 5 Reads of the Week | FiveThirtyEightThe NFL Is Drafting Quarterbacks All Wrong
by Josh Hermsmeyer | FiveThirtyEight

“No franchise or GM has shown the ability to beat the draft over time, and economists Cade Massey and Richard Thaler have convincingly shown that the league’s lack of consistent draft success is likely due to overconfidence rather than an efficient market.”

 


Top 5 Reads of the Week | MorningstarQuick Thinking Leads to Bad Behavior
by Alex Bryan, CFA | Morningstar

“The best remedy for many of the behavioral biases Kahneman highlights is to slow down, think critically, and be skeptical of your first instinct when the stakes are high. Reframing financial decisions more broadly can also facilitate more-prudent risk-taking and behavior.”

 


Top 5 Reads of the Week | Collaborative Fund

Not Caring: A Unique and Powerful Skill
by Morgan Housel | The Collaborative Fund

“Figure out what you can control and obsess over it. Identify what doesn’t matter and ignore it. Determine what you’re incapable of and stay away from it.”