66 books
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The market can and will at times be completely deranged and irrational in the short term, but over the long term it will price securities in line with their underlying intrinsic values.
“Homo sapiens drove to extinction about half of the planet’s big beasts long before humans invented the wheel, writing, or iron tools.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“The hunter-gatherer way of life differed significantly from region to region and from season to season, but on the whole foragers seem to have enjoyed a more comfortable and rewarding lifestyle than most of the peasants, shepherds, labourers and office clerks who followed in their footsteps.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“Sapiens did not forage only for food and materials. They foraged for knowledge as well.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“While people in today’s affluent societies work an average of forty to forty-five hours a week, and people in the developing world work sixty and even eighty hours a week, hunter-gatherers living today in the most inhospitable of habitats – such as the Kalahari Desert – work on average for just thirty-five to forty-five hours a week.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“If a forager band split once every forty years and its splinter group migrated to a new territory sixty miles to the east, the distance from East Africa to China would have been covered in about 10,000 years.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
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Matt’s 2025 Year in Books
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