Money and Finance
Sequoia Fund defends Valeant, its largest holding (LINK)
John Hempton [other side of the trade from Sequoia]: Comments on the blockbuster Valeant conference call (LINK)
How to Say “No” When It Matters Most (or “Why I’m Taking a Long ‘Startup Vacation'”) - by Tim Ferriss (LINK)
Book of the day (which I was reminded of after a recent re-read of Michael Mauboussin's paper, "Size Matters," where he mentioned the book having "a good discussion of how to understand odds"): Getting the Best of It
- Links
Berkshire Hathaway is Safe and Cheap (LINK) Goldfarb Exits as Sequoia's Valeant Debacle Caps 45-Year Career (LINK) Negative Yields Seep Into Shell, Siemens Debt on ECB Distortions (LINK) Lord Mervyn King: "The End of Alchemy" | Talks at Google (video)...
- Links
The collection of old articles by James Montier posted the other day reminded me of another good collection of his work during 2008, HERE. Collection of Michael Mauboussin's Research Papers From Credit Suisse (LINK) Five Good Questions for Michael...
- Links
Baupost letter gives a rare glimpse into one of the world's most secretive — and most successful — hedge funds [H/T Will] (LINK) We can do this successfully because we have a culture of patience. Even though we work hard every day trying to uncover...
- Links
Charlie Munger Isn't Done Bashing Valeant [H/T Will and Linc] (LINK) Ackman said during the presentation that he spoke with Munger about his March remarks. The Berkshire vice chairman’s objections focused on leverage, tax rates and acquisitions,...
- Links
For those curious to see the legend we named Boyles Asset Management after, see THIS video (it starts at the 6:05 mark). Latticework of Mental Models: Framing Effect (LINK) Henry David Thoreau on Success (LINK) Buffett's Unconventional Investments...
Money and Finance
Links
Sequoia Fund defends Valeant, its largest holding (LINK)
John Hempton [other side of the trade from Sequoia]: Comments on the blockbuster Valeant conference call (LINK)
How to Say “No” When It Matters Most (or “Why I’m Taking a Long ‘Startup Vacation'”) - by Tim Ferriss (LINK)
Book of the day (which I was reminded of after a recent re-read of Michael Mauboussin's paper, "Size Matters," where he mentioned the book having "a good discussion of how to understand odds"): Getting the Best of It
- Links
Berkshire Hathaway is Safe and Cheap (LINK) Goldfarb Exits as Sequoia's Valeant Debacle Caps 45-Year Career (LINK) Negative Yields Seep Into Shell, Siemens Debt on ECB Distortions (LINK) Lord Mervyn King: "The End of Alchemy" | Talks at Google (video)...
- Links
The collection of old articles by James Montier posted the other day reminded me of another good collection of his work during 2008, HERE. Collection of Michael Mauboussin's Research Papers From Credit Suisse (LINK) Five Good Questions for Michael...
- Links
Baupost letter gives a rare glimpse into one of the world's most secretive — and most successful — hedge funds [H/T Will] (LINK) We can do this successfully because we have a culture of patience. Even though we work hard every day trying to uncover...
- Links
Charlie Munger Isn't Done Bashing Valeant [H/T Will and Linc] (LINK) Ackman said during the presentation that he spoke with Munger about his March remarks. The Berkshire vice chairman’s objections focused on leverage, tax rates and acquisitions,...
- Links
For those curious to see the legend we named Boyles Asset Management after, see THIS video (it starts at the 6:05 mark). Latticework of Mental Models: Framing Effect (LINK) Henry David Thoreau on Success (LINK) Buffett's Unconventional Investments...