Money and Finance
The inner lives of animals are hard to study. But there is evidence that they may be a lot richer than science once thought. [H/T Will] (LINK)
Don’t Break Up the Banks. They’re Not Our Real Problem. - by Steve Eisman [H/T ValueWalk] (LINK)
The above also reminded me of a recent Eisman interview which I don't think I linked to yet, HERE, with the excellent quote/advice below.
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The “Enemies” of Warren Buffett [H/T @Sanjay__Bakshi] (LINK) Two Mental Models (and 24 Things): Network Effects and Critical Mass - by Tren Griffin (LINK) Utility Investor With Ties to Buffett Joins World's 400 Richest [H/T Linc] (LINK)...
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Nassim Taleb on the success of Munger-Buffett (LINK) So I figured out something about the success of Munger-Buffett. It is not in the strategies they run, but in their very, very, very strong filtering. Simply it is generalized flaneuring. Charlie...
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A Dozen Things Learned from Charlie Munger About Benjamin Graham’s Value Investing System (LINK) Related book: Charlie Munger: The Complete InvestorTren Griffin talks with Forbes about his book on Charlie Munger (LINK) James Chanos discusses China...
- Hussman Weekly Market Comment: Dimes On Black And Dynamite On Red
Link to: Dimes on Black and Dynamite on Red The stock market is presently a roulette wheel with dimes on black and dynamite on red. We continue to have extreme concerns about the extent of potential market losses over the completion of the present...
- Hussman Weekly Market Comment: We Learn From History That We Do Not Learn From History
Link to: We Learn From History That We Do Not Learn From History “We learn from history that we do not learn from history.” Georg Wilhelm Friedrich Hegel Last week, Investors Intelligence reported that bullish sentiment surged...
Money and Finance
Links
The inner lives of animals are hard to study. But there is evidence that they may be a lot richer than science once thought. [H/T Will] (LINK)
Related previous post: The Worst Crime in History - by Yuval Noah HarariBruce Greenwald Resource Page (LINK)
Don’t Break Up the Banks. They’re Not Our Real Problem. - by Steve Eisman [H/T ValueWalk] (LINK)
The above also reminded me of a recent Eisman interview which I don't think I linked to yet, HERE, with the excellent quote/advice below.
Is there any wisdom you can impart to average investors?
Do your own homework. I can’t overstate the importance of this. When things start to go bad, speaking to the management of the company may be the worst thing you can do. You can walk away thinking things are okay when in fact they’re not, because seeing outside your own paradigm is sometimes the hardest thing to do.
Stocks That Triple In One Year (LINK)
Hussman Weekly Market Comment: When Stocks Crash and Easy Money Doesn't Help (LINK)
Hussman Weekly Market Comment: When Stocks Crash and Easy Money Doesn't Help (LINK)
Credit default swaps continued to soar last week, particularly among European banks. Given that risks surrounding China and the energy sector are widely discussed, European banks continue to have my vote for “most likely crisis from left field.”
With regard to the stock market, I suspect that the first event in the completion of the current market cycle may be a vertical loss that would put the S&P 500 in the mid-1500’s in short order. That area is a widely-recognized “role-reversal” support level matching the 2000 and 2007 market peaks, and would at least bring our estimates of prospective 10-year S&P 500 nominal total returns to about 5%, which seems a reasonable place for value-conscious investors to halt the initial leg down.
- Links
The “Enemies” of Warren Buffett [H/T @Sanjay__Bakshi] (LINK) Two Mental Models (and 24 Things): Network Effects and Critical Mass - by Tren Griffin (LINK) Utility Investor With Ties to Buffett Joins World's 400 Richest [H/T Linc] (LINK)...
- Links
Nassim Taleb on the success of Munger-Buffett (LINK) So I figured out something about the success of Munger-Buffett. It is not in the strategies they run, but in their very, very, very strong filtering. Simply it is generalized flaneuring. Charlie...
- Links
A Dozen Things Learned from Charlie Munger About Benjamin Graham’s Value Investing System (LINK) Related book: Charlie Munger: The Complete InvestorTren Griffin talks with Forbes about his book on Charlie Munger (LINK) James Chanos discusses China...
- Hussman Weekly Market Comment: Dimes On Black And Dynamite On Red
Link to: Dimes on Black and Dynamite on Red The stock market is presently a roulette wheel with dimes on black and dynamite on red. We continue to have extreme concerns about the extent of potential market losses over the completion of the present...
- Hussman Weekly Market Comment: We Learn From History That We Do Not Learn From History
Link to: We Learn From History That We Do Not Learn From History “We learn from history that we do not learn from history.” Georg Wilhelm Friedrich Hegel Last week, Investors Intelligence reported that bullish sentiment surged...