Investing is a discipline built on cumulative knowledge, and it requires a continuous evaluation and assessment of new information. The purpose of C&B Notes is to pass along the ideas, concepts, stories, and information that are informing, influencing, and updating our worldview. We use them to build on our “latticework of mental models” that help us make better decisions.
123 articles in list
The Pre-Pythagoras Pythagorean Theorem
History is sometimes written for neatness of narrative (more than for accuracy): a discovery happens, the world starts recognizing it, a discovery has a transformational and lasting impact. This process is rarely that neat. As chronicled in Megalith, a book that examines…Read More
Decoding Artificial Intelligence
Artificial intelligence is an ill-defined term. This nebulousness is perhaps necessary given how broad and technical the discipline is, but the enormous amount of jargon used to explain AI does not help the lay person understand something that — over…Read More
Incentives Matter: Dolphin Edition
A dolphin named Kelly at the Institute for Marine Mammal Studies responded to incentives in an extraordinary way by demonstrating a pronounced ability to delay gratification and think ahead to the future. All the dolphins at the institute are trained…Read More