Money and Finance
Ken Feinberg talks to Barry Ritholtz on the Masters in Business podcast (LINK)
Piketty Versus Kuhn. The Debate Over a New Economic Paradigm - by George Cooper (LINK)
Ferguson also had an opinion piece in the WSJ: The Real Obama Doctrine (LINK)
What Really Killed the Dinosaurs? (LINK)
Quote of the day, from Seth Klarman, 7 years ago this month as the crisis in 2008 was continuing its downward spiral:
- Links
If you haven't bought one yet and are interested, Max Olson has set up a print-on-demand link for the hardcover version of the Berkshire Hathaway Letters to Shareholders (LINK) What does Charlie Munger mean when he says that something is a lollapalooza?...
- Links
The WSJ has written a couple of critical articles on Theranos, HERE and HERE. Theranos responded with a statement HERE. Elizabeth Holmes was also on CNBC discussing things HERE. Bethany McLean talks to Felix Salmon about Fannie and Freddie, and her...
- Links
Sanjay Bakshi: What GEICO’s Customer Acquisition and Associated Costs Taught Me about Business Economics, Management Quality, and Valuation (LINK) David Einhorn Blames Worst Month Since October 2008 On “Challenging” Market (LINK) Chris Mayer on...
- Loyal3 $500 Buy
In the past week I bought the following stocks in my Loyal3 account. Ticker $ invested Cost WalMart ...
- November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...
Money and Finance
Links
In case you haven't bought your copy yet, I just noticed that Chris Mayer's latest (and excellent) book is now available on Amazon (I think it started as only being available through Agora): 100 Baggers: Stocks That Return 100-to-1 and How To Find Them
And speaking of Chris Mayer, I know he's liked Nobilis Health (HLTH) fairly recently, and it has gotten beaten up over the last couple of days due to fraud allegations that were posted on Seeking Alpha (HERE). The company has responded HERE. I don't know anything about it yet, but it may be an interesting situation to look into.
Piketty Versus Kuhn. The Debate Over a New Economic Paradigm - by George Cooper (LINK)
Related book: Money, Blood and RevolutionAn excerpt from Niall Ferguson's book on Henry Kissinger (LINK)
Ferguson also had an opinion piece in the WSJ: The Real Obama Doctrine (LINK)
What Really Killed the Dinosaurs? (LINK)
Quote of the day, from Seth Klarman, 7 years ago this month as the crisis in 2008 was continuing its downward spiral:
In terms of our firm, I tried so hard to learn the lessons of 1998 in particular, which were: Don’t be unprepared for something out of the blue that’s really bad.
To some extent, we were prepared this time. However, you can never be prepared enough. We had a lot of macro protection in terms of credit default protection on bonds where we were just betting that credit spreads would widen. That’s been incredibly helpful. But we’ve gotten really tired of buying market puts, or anything like that, because they inevitably are expensive and expire worthless.
So as an investor, you have terrible trade-offs. Do you overpay for insurance — or do you go uninsured? That’s just one of those dilemmas for which there are really no perfect answers.
- Links
If you haven't bought one yet and are interested, Max Olson has set up a print-on-demand link for the hardcover version of the Berkshire Hathaway Letters to Shareholders (LINK) What does Charlie Munger mean when he says that something is a lollapalooza?...
- Links
The WSJ has written a couple of critical articles on Theranos, HERE and HERE. Theranos responded with a statement HERE. Elizabeth Holmes was also on CNBC discussing things HERE. Bethany McLean talks to Felix Salmon about Fannie and Freddie, and her...
- Links
Sanjay Bakshi: What GEICO’s Customer Acquisition and Associated Costs Taught Me about Business Economics, Management Quality, and Valuation (LINK) David Einhorn Blames Worst Month Since October 2008 On “Challenging” Market (LINK) Chris Mayer on...
- Loyal3 $500 Buy
In the past week I bought the following stocks in my Loyal3 account. Ticker $ invested Cost WalMart ...
- November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...