Money and Finance
Edward Chancellor: ‘intelligent contrarians’ should follow the capital cycle (video) [H/T Tom] (LINK)
Howard Marks' CNBC appearance from this past Friday (video) [H/T ValueWalk] (LINK)
Why does Charlie Munger not invest in high-technology businesses? (LINK)
Aswath Damodaran on The Tech Challenge for Value Investors (LINK)
Benedict Evans: 16 mobile theses (LINK)
Apple and Tim Cook on 60 Minutes (videos) (Part 1, Part 2)
EconTalk: Philip Tetlock on Superforecasting (LINK)
Hussman Weekly Market Comment: Reversing the Speculative Effect of QE Overnight (LINK)
The tiny creatures that flew to the Moon twice, and survived [H/T @JohnSHendricks] (LINK)
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Yuval Harari on EconTalk (LINK) Related book: Sapiens: A Brief History of HumankindWhy Americans Don’t Trust the Fed - by Roger Lowenstein (LINK) Related book (comes out tomorrow): America's Bank: The Epic Struggle to Create the Federal...
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Seth Klarman’s Presentation To Bruce Greenwald’s 2010 CBS Class (video) [H/T ValueWalk] (LINK) Tren Griffin joins the a16z Podcast to talk about his book on Charlie Munger (LINK) Related link: A Dozen Things I’ve Learned from Charlie Munger...
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Some more Berkshire notes (scroll down to item 2 in the following link) (LINK) Marc Andreessen’s plan to win the future (LINK) A Dozen Things learned from Julian Robertson about Investing (LINK) Cliff Asness on WealthTrack (video) [H/T ValueWalk] (LINK)...
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Lee Kuan Yew: The wise man of the East (LINK) Related book: From Third World to First: The Singapore Story - 1965-2000"60 Minutes" had three interesting segments last night, including one with Neil deGrasse Tyson (video) (LINK) Philosophical Economics:...
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Part 2 of Charlie Rose's interview with Tim Cook [Part 1 is HERE] (LINK) Aswath Damodaran on Alibaba's Corporate Governance (LINK) Jason Zweig: If You Buy Alibaba, Be Ready for a Rough Ride (LINK) James Altucher interviews Peter Thiel...
Money and Finance
Links
Edward Chancellor: ‘intelligent contrarians’ should follow the capital cycle (video) [H/T Tom] (LINK)
Related book: Capital Returns: Investing Through the Capital Cycle: A Money Manager's Reports 2002-15Edward Chancellor: why gold miners are a better bet than conventional miners [Part 2 of the interview above] (video) (LINK)
Howard Marks' CNBC appearance from this past Friday (video) [H/T ValueWalk] (LINK)
Why does Charlie Munger not invest in high-technology businesses? (LINK)
Aswath Damodaran on The Tech Challenge for Value Investors (LINK)
Benedict Evans: 16 mobile theses (LINK)
Apple and Tim Cook on 60 Minutes (videos) (Part 1, Part 2)
EconTalk: Philip Tetlock on Superforecasting (LINK)
Related book: SuperforecastingTen Commandments for Aspiring Superforecasters (LINK)
Hussman Weekly Market Comment: Reversing the Speculative Effect of QE Overnight (LINK)
In recent quarters, I’ve remained adamant that the immediate first step of the Federal Reserve in normalizing monetary policy should have been to reduce the size of its balance sheet. The Fed’s failure to prioritize that first step, in the apparent desire to maintain an aggrandized role in the U.S. financial markets, has significantly increased the risk of a collapse from the speculative extremes the Fed has created in recent years. Given the increasing risk-aversion evident in market internals, we doubt that even a reversal of last week’s rate hike would materially reduce that prospect.
Meet Dole, the World’s Full-Stack Banana Company [H/T @paulg] (LINK)To see why, it’s important to understand how the Federal Reserve’s tools - open market purchases, interest on reserves, and reverse repurchases - actually work in affecting the economy and the behavior of speculative investors.
The tiny creatures that flew to the Moon twice, and survived [H/T @JohnSHendricks] (LINK)
- Links
Yuval Harari on EconTalk (LINK) Related book: Sapiens: A Brief History of HumankindWhy Americans Don’t Trust the Fed - by Roger Lowenstein (LINK) Related book (comes out tomorrow): America's Bank: The Epic Struggle to Create the Federal...
- Links
Seth Klarman’s Presentation To Bruce Greenwald’s 2010 CBS Class (video) [H/T ValueWalk] (LINK) Tren Griffin joins the a16z Podcast to talk about his book on Charlie Munger (LINK) Related link: A Dozen Things I’ve Learned from Charlie Munger...
- Links
Some more Berkshire notes (scroll down to item 2 in the following link) (LINK) Marc Andreessen’s plan to win the future (LINK) A Dozen Things learned from Julian Robertson about Investing (LINK) Cliff Asness on WealthTrack (video) [H/T ValueWalk] (LINK)...
- Links
Lee Kuan Yew: The wise man of the East (LINK) Related book: From Third World to First: The Singapore Story - 1965-2000"60 Minutes" had three interesting segments last night, including one with Neil deGrasse Tyson (video) (LINK) Philosophical Economics:...
- Links
Part 2 of Charlie Rose's interview with Tim Cook [Part 1 is HERE] (LINK) Aswath Damodaran on Alibaba's Corporate Governance (LINK) Jason Zweig: If You Buy Alibaba, Be Ready for a Rough Ride (LINK) James Altucher interviews Peter Thiel...