Liberty

It's better to be lucky than to be good 8)

I was lucky enough to get a copy, I'll be letting everyone here know what I think of it when I've read it:

Two of my fave recent shows have actually been Amazon originals: 'Sneaky Pete' and 'Patriot'. Have you seen those?

Great post, Peregrino!

http://www.yetanothervalueblog.com/2017/07/brave-deeper-into-liberty-complex-batra.html

Fascinating discussion. I haven't kept up with this phenomenon in a few years, and it looks like it has gotten a lot easier. I hope this leads to many great books that wouldn't otherwise have been published. Can only be good for the civilization.

This is coming out soon, so I figured it probably should have its own thread to bring attention to it. https://www.amazon.com/Mind-Play-Shannon-Invented-Information-ebook/dp/B01M5IJN1P/ Here's an except: http://spectrum.ieee.org/geek-life/history/a-man-in-a-hurry-claude-shannons-new-york-years

Malone buying another $21m of lilac: http://openinsider.com/insider/Malone-John-C/937797

Thanks for the anecdotes. It certainly sounds like a change from the bidding wars and people throwing $100k cheques with their offers without inspections and such.

Ok, thanks. Your phrasing made it sound like you thought those orders of magnitude bigger numbers were small for today's consumer storage.

https://www.forbes.com/sites/lukeschiefelbein/2017/07/12/why-billionaire-john-malone-just-bought-16m-of-his-own-business/

Are you talking about current storage or future theoretical storage? Because your examples seem a little stretched to me. 124GB growing 100x is 12.4TB, which is more than what most people have available at home, so I wouldn't say it's "easy for anyone to keep a copy". 124GB growth 1000x is 124TB, which is definitely out of reach of any normal person right now, so I wouldn't say "it wouldn't be much of a problem to keep at home"... Even at the sweet spot of a 4TB HDD, that's 31 hard-drives, or about $4,000 of HDDs, plus the NAS enclosures, plus probably redundancy, which is many other thousands depending on the RAID scheme. So we're probably talking about close to the price of a small car just to store a 1000x larger blockchain. As for a million times bigger than 124GB, that's definitely not that easy to keep a bunch of distributed copies among miners everywhere with anything close to current technology. Maybe I misread, or misunderstood what you said, but I was thinking that the multiples of 124GB you were talking about didn't seem that small to me. Maybe you were thinking about theoretical future storage capabilities...

That's going on the list, thanks! Liberty, If you have not seen this yet, I thought it would be of interest, http://spectrum.ieee.org/geek-life/history/meet-the-authors-of-a-mind-at-play-how-claude-shannon-invented-the-information-age Thank you, I hadn't seen it!

While looking for something, I found a bookmark folder from 2011 full of Bitcoin stuff I was reading at the time. I've been interested in crypto since the late 90s (PGP), so I was mostly interested in the tech. I also have some friends who are engineers working in an adjacent field, so we discussed it a bit in those days. Never bought or mined (hindsight is 20/20). Among the stuff, I found this, which I remembered from those days:

Not all factories are the same: https://en.wikipedia.org/wiki/NUMMI https://en.wikipedia.org/wiki/List_of_largest_buildings#Largest_footprint In 2006, NUMMI made 428k vehicles on a production setup that was no doubt a lot less automated than what Tesla is going for.

Model 3 video, serial #1:

PCLN today is very different from PCLN 20 years ago, though. They acquired Booking.com in 2005, for example.

Malone buying: https://www.sec.gov/Archives/edgar/data/1570585/000157058517000240/xslF345X03/wf-form4_149946580352042.xml

http://www.greaterfool.ca/2017/07/06/the-perfect-storm-2/ Also: http://www.greaterfool.ca/wp-content/uploads/2017/07/DEAL-modified.png

Profile of Victor Mendelson and Heico: http://www.law.miami.edu/news/2017/february/victor-mendelson-jd-%E2%80%9992-building-successful-global-business Good anecdote about when they took control in early 1990s:

http://blog.searsholdings.com/eddie-lampert/transformation-update/

I thought this was a good article about how the big branded food brands are under attack from above and below: https://www.wsj.com/articles/so-long-hamburger-helper-americas-venerable-food-brands-are-struggling-1499363414 h/t Connor Leonard for pointing it out.

That's going on the list, thanks!

Merger prelim proxy: https://www.sec.gov/Archives/edgar/data/865436/000157104917006539/t1702003-prem14a.htm