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As Mark Twain said, a person who won't read has no real advantage over a person who can't read. It makes no sense to refuse to learn vicariously.
over a year ago

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More from The Rational Walk

What I’ve Been Reading

This post is a list of books that I read in the second quarter of 2025, including The Snowball, The Haywire Heart, Plato's Republic, and the King James Bible

14 hours ago 3 votes
Greg Abel Steps into the Spotlight

Greg Abel will step into the spotlight at the 2026 Berkshire Hathaway annual meeting with Warren Buffett sitting in the audience.

a month ago 19 votes
Warren Buffett’s Final Brushstrokes

Warren Buffett is retiring as CEO of Berkshire Hathaway but he may still make a few final brushstrokes on his canvas as Chairman.

2 months ago 25 votes
Berkshire Hathaway’s Diamond Anniversary

Warren Buffett took control of Berkshire Hathaway sixty years ago. It is possible that major announcements will be made at the annual meeting.

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Writing in Private

Writing is an important tool for personal intellectual development even if you never intend to share your work with others.

2 months ago 32 votes

More in finance

June 2025: Show times

I really want to stop mentioning Trump. Even when he sends troops into LA, one of my favourite cities. But when he launches 30kt bombs on Iran, it is very hard to avoid talking about him. In the context of what Trump’s been up to, the welfare reform screw-ups by the Labour government seem almost… Continue reading June 2025: Show times →

14 hours ago 4 votes
Issue 88 – The stockchain

Crypto firms hope putting a blockchain veneer on traditional equities will allow them to sidestep lessons learned in the 1929 Wall Street crash, crypto firms look to become banks, and Congress celebrates crypto surveillance while claiming to outlaw it

16 hours ago 4 votes
What I’ve Been Reading

This post is a list of books that I read in the second quarter of 2025, including The Snowball, The Haywire Heart, Plato's Republic, and the King James Bible

14 hours ago 3 votes
Putting the Jobs to be Done Interview to Practice

Things we wished someone told us, before we put the JTBD interview to practice.

3 days ago 9 votes
Issue 87 – SO ORDERED

Trump’s crypto empire attracts more foreign millions, the FHFA pushes crypto on mortgage lenders, and Mamdani’s mayoral primary win makes billionaires sweat

a week ago 11 votes