Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
The Financial Times had in interesting profile of Tom Pritzker who views himself as more of an entrepreneur than an heir to an empire.
Article via Financial Times ($)
Bloomberg did a nice profile of Jeff Ubben, the activist companies don’t run from, this month.
A stark op-ed in the Wall Street Journal lays out the case for a middle class stuck in neutral.
Op-ed via Wall Street Journal ($)
Carl Icahn penned an interesting letter in August about how shareholder activism can potentially improve the economy.
Letter via Shareholders’ Square Table
Why Amazon has no profits and it works for them by pre-eminent venture capital firm, Andreesen Horowitz. Because the value of the company should be the discounted future cash flows and you don’t know when they are coming, Amazon is very hard to value.
Blog post via Andreesen Horowitz
An article in Fortune about Benjamin Moore Paints highlighted the occasional downside to Buffett’s hands off management style. Even a great system doesn’t work 100% of the time.