Money and Finance
Sanjay Bakshi: What did HE mean when he said Never Lose Money? (LINK)
How the Third Avenue Fund Melted Down (LINK)
Many Concerns About Third Avenue [H/T Linc] (LINK)
Oil Bankruptcies Reach Highest Quarterly Level Since Recession (LINK)
Energy Companies Gird for Weaker Prices in 2016 (LINK)
What I Learned from Losing $200 Million (LINK)
Two Business Lessons From Patagonia’s Yvon Chouinard (LINK)
- Links
Today's Audible Daily Deal ($3.95) is a worthwhile listen: The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers - by Ben Horowitz Broyhill Book Club 2015 - by Chris Pavese (LINK) In Silicon Valley Now, It’s Almost...
- Links
The Importance of First Principle Thinking (LINK) [There is also a little bit on this in the book on Elon Musk. From that part of the book, I took a mental note on first principles to ask the questions: What are the physics (or the fundamental definition...
- Links
Back from vacation with some links... Memo to China: You Are Doomed to Fail - by Jason Zweig (LINK) Sanjay Bakshi: SEVEN INTELLIGENT FANATICS FROM INDIA (LINK) Wilbur Ross: Here's the real goal of Greek deal (LINK) Barry Ritholtz talks to Leon...
- Links
Sanjay Bakshi with more thoughts on Nestlé and Maggi (LINK) The Anti-Poverty Experiment - by Jason Zweig (LINK) Daphne Koller on the Future of Online Education [H/T Matt] (LINK) A Dozen Things Learned from Jim Goetz about Business, Startups and Venture...
- Links
Jamie Dimon's Letter to Shareholders (LINK) PBS: America Revealed episodes (LINK)TED Talk - Dan Ariely: How equal do we want the world to be? You'd be surprised (LINK)Chinese Stock Buying Frenzy Sweeps Into Hong Kong (LINK)NYC Pension Earns $40...
Money and Finance
Links
Sanjay Bakshi: What did HE mean when he said Never Lose Money? (LINK)
Many Concerns About Third Avenue [H/T Linc] (LINK)
Oil Bankruptcies Reach Highest Quarterly Level Since Recession (LINK)
Energy Companies Gird for Weaker Prices in 2016 (LINK)
What I Learned from Losing $200 Million (LINK)
Two Business Lessons From Patagonia’s Yvon Chouinard (LINK)
Related book: Let My People Go Surfing: The Education of a Reluctant BusinessmanRay Dalio's Investing Thoughts: 3 Things He Always Repeats (LINK)
1.) It isn't easy for me to be confident that my opinions are right. In the markets, you can do a huge amount of work and still be wrong.
2.) Bad opinions can be very costly. Most people come up with opinions and there’s no cost to them. Not so in the market. This is why I have learned to be cautious. No matter how hard I work, I really can’t be sure.
3.) The consensus is often wrong, so I have to be an independent thinker. To make any money, you have to be right when they’re wrong.
Apatheia vs Ataraxia: what’s the difference? (LINK)
- Links
Today's Audible Daily Deal ($3.95) is a worthwhile listen: The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers - by Ben Horowitz Broyhill Book Club 2015 - by Chris Pavese (LINK) In Silicon Valley Now, It’s Almost...
- Links
The Importance of First Principle Thinking (LINK) [There is also a little bit on this in the book on Elon Musk. From that part of the book, I took a mental note on first principles to ask the questions: What are the physics (or the fundamental definition...
- Links
Back from vacation with some links... Memo to China: You Are Doomed to Fail - by Jason Zweig (LINK) Sanjay Bakshi: SEVEN INTELLIGENT FANATICS FROM INDIA (LINK) Wilbur Ross: Here's the real goal of Greek deal (LINK) Barry Ritholtz talks to Leon...
- Links
Sanjay Bakshi with more thoughts on Nestlé and Maggi (LINK) The Anti-Poverty Experiment - by Jason Zweig (LINK) Daphne Koller on the Future of Online Education [H/T Matt] (LINK) A Dozen Things Learned from Jim Goetz about Business, Startups and Venture...
- Links
Jamie Dimon's Letter to Shareholders (LINK) PBS: America Revealed episodes (LINK)TED Talk - Dan Ariely: How equal do we want the world to be? You'd be surprised (LINK)Chinese Stock Buying Frenzy Sweeps Into Hong Kong (LINK)NYC Pension Earns $40...