Financial Articles I’m Reading This Week – 7 June 2019

Continuing a streak of going heavy on off-topic articles. But… DINOSAURS!!

• Make School Hard Again. Reason. HT Tyler Cowen.
• The Day the Dinosaurs Died. New Yorker. “It’s like finding the Holy Grail clutched in the bony fingers of Jimmy Hoffa, sitting on top of the Lost Ark.”
• Josh Brown: The power of compounding can help you double your money, again and again. CNBC & Ritholz Wealth Management.
• What a War With Iran Would Look Like. Foreign Affairs. “Even if neither side wants to fight, miscalculation, missed signals, and the logic of escalation could conspire to turn even a minor clash into a regional conflagration.” I’ll add an extra quote, not included in this article, from Eisenhower: “Preventive war was an invention of Hitler. Frankly, I would not even listen to anyone seriously that came and talked about such a thing.”
• Maybe Big Businesses Aren’t So Bad At Innovation. Futurity.org. “The idea that large firms can buy small firms to replace their own R&D is just disastrous. If we have to start rebuilding the R&D engine from scratch, it will be impossible,” Knott says. “The second is that large firms shouldn’t try to operate like small firms to become more productive—they already are more productive.”