Top 5 Reads of the Week | March 13, 2019

Top 5 Reads of the Week | AeonA belief in meritocracy is not only
false: it’s bad for you

by Clifton Mark | Aeon

“Luck intervenes by granting people merit, and again by furnishing circumstances in which merit can translate into success. This is not to deny the industry and talent of successful people. However, it does demonstrate that the link between merit and outcome is tenuous and indirect at best.”


Top 5 Reads of the Week | WSJHow to Think About Stocks and
Bonds in a Bear Market

by William J. Bernstein | The Wall Street Journal

“Investing, after all, is an operation that transfers wealth to those who have a process and can execute it from those who do not and cannot; from what I’ve seen, the average investor’s strategy consists of pride when prices rise and panic when they fall. Staying the course when the sky turns dark requires a more systematic approach…”


Top 5 Reads of the Week | CNETHow CRISPR could save 6 billion
chickens from the meat grinder

by Jackson Ryan | CNET

“Though the idea is simple, it has the power to fundamentally change the chicken forever, placing a genetically modified organism in the food chain. That means that soon, we may be faced with a decision: Do we want to stop the killing of day-old chicks? Or do we want to use biotechnology to bend nature to our will?”


Top 5 Reads of the Week | Of Dollars and DataNothing Happens, Then Everything Happens
by Nick Maggiulli | Of Dollars and Data

“The first time I learned about how equity markets regularly shift between calm and chaos, I was in awe. What caused such a result? Was it the psychological cycle between fear and greed? Was it something else entirely? I still don’t know for sure.”

 


Top 5 Reads of the Week | Ars Technica

Theranos: How a broken patent system sustained
its decade-long deception

by Daniel Nazer, EFF | Ars Technica

“The USPTO gave out patents much too easily, giving Theranos early credibility it didn’t deserve. Theranos then used these patents to attract staff, investors, and business partners. The company would last for 10+ years and burn through half a billion dollars before the truth finally emerged.”