Money and Finance
Transcript of the chat between Sanjay Bakshi and Shane Parrish (LINK)
Transcript of the FRMO Corporation Annual Meeting of Shareholders (LINK)
Fred Wilson: Software Is The New Oil (LINK)
Book of the day: Invisible Giants: The Empires of Cleveland's Van Sweringen Brothers
- Links
Jason Zweig on WealthTrack (video) (LINK) Related book: The Devil's Financial DictionaryEven Michael Lewis Was Surprised Hollywood Bet on The Big Short [H/T Linc] (LINK) Related book: The Big ShortWhy and how do Munger and Buffett...
- Links
A Dozen Things Learned from Charlie Munger about Capital Allocation (LINK) Jason Zweig: CAN YOU SEE THE FUTURE? PROBABLY BETTER THAN PROFESSIONAL FORECASTERS (LINK) Related book: Superforecasting: The Art and Science of PredictionJohn Burbank...
- The Most Successful Canadian Dealmaker You’ve Never Heard Of And Will Never See
Link to article: The most successful Canadian dealmaker you’ve never heard of and will never seeIn this age of zero privacy, Mark Leonard has managed to maintain a practically unthinkable level of anonymity for just about any individual—let alone...
- Will Programmers Rule? – By Raghuram Rajan
Marc Andreessen made his first fortune writing the code that became Netscape Navigator, the Internet browser. He is now a venture capitalist who evangelizes about the growing importance of software in business today. Indeed, he proclaims that software...
- Microsoft Stock Analysis
I've been real busy with work and then getting a chance to be home so I'm late on the stock analysis report. We'll look at software giant Microsoft (MSFT). They are a dividend contender recently hitting 10 consecutive years of dividend...
Money and Finance
Links
Transcript of the chat between Sanjay Bakshi and Shane Parrish (LINK)
Transcript of the FRMO Corporation Annual Meeting of Shareholders (LINK)
Fred Wilson: Software Is The New Oil (LINK)
It makes sense to me that software is the oil of the information revolution. Companies that control the software infrastructure of the information revolution will sit back and collect the economic surplus of the information revolution and that will be a path to vast wealth and economic power. It has already happened but I think we are just beginning to see the operating leverage of these software based business models. The capex spending necessary to be a software infrastructure provider at scale has shielded the cash producing power of these companies (and many others) and may continue to do that for a time, but I suspect at some point the profits are going to overtake the capex at a rate that the cash will be flowing out of software companies the way that oil flows out of wells.A nice chat with Malcolm Gladwell about writing [H/T The Waiter's Pad] (LINK)
Book of the day: Invisible Giants: The Empires of Cleveland's Van Sweringen Brothers
- Links
Jason Zweig on WealthTrack (video) (LINK) Related book: The Devil's Financial DictionaryEven Michael Lewis Was Surprised Hollywood Bet on The Big Short [H/T Linc] (LINK) Related book: The Big ShortWhy and how do Munger and Buffett...
- Links
A Dozen Things Learned from Charlie Munger about Capital Allocation (LINK) Jason Zweig: CAN YOU SEE THE FUTURE? PROBABLY BETTER THAN PROFESSIONAL FORECASTERS (LINK) Related book: Superforecasting: The Art and Science of PredictionJohn Burbank...
- The Most Successful Canadian Dealmaker You’ve Never Heard Of And Will Never See
Link to article: The most successful Canadian dealmaker you’ve never heard of and will never seeIn this age of zero privacy, Mark Leonard has managed to maintain a practically unthinkable level of anonymity for just about any individual—let alone...
- Will Programmers Rule? – By Raghuram Rajan
Marc Andreessen made his first fortune writing the code that became Netscape Navigator, the Internet browser. He is now a venture capitalist who evangelizes about the growing importance of software in business today. Indeed, he proclaims that software...
- Microsoft Stock Analysis
I've been real busy with work and then getting a chance to be home so I'm late on the stock analysis report. We'll look at software giant Microsoft (MSFT). They are a dividend contender recently hitting 10 consecutive years of dividend...