Money and Finance
Links
Chris Bloomstran's interview with Lukas Neely, including his take on a few ideas (Berkshire, Orkla, and Subsea 7) (LINK)
Latticework of Mental Models: Inversion (LINK)
Warren Buffett on Bloomberg (video) (LINK)
Warren Buffett on Fox Business (video) [H/T Will] (LINK)
Of would-be $1B fees, trips to Omaha and hardball negotiating: Behind the scenes of the Precision-Berkshire deal [H/T Linc] (LINK)
Would Seth Klarman Buy His Own Book? (LINK)
Chanos' new big short? Cheniere Energy (video) (LINK)
Queen Elizabeth vs Victoria: their reigns in numbers (LINK)
One area in which the Victorians definitely had the edge over the Elizabethans was in the value of the pound. Price rose in the 19th century, of course, but there were also times when they fell back — and prices were often dependent on how good the harvest was in any given year.
A new, and global, phenomenon was the persistent rise in prices seen from the 1970s until the 1990s. Average prices are now some 1,820 per cent higher than in 1952, equating to 4.8% inflation per year since then.
Book of the day [H/T @farnamstreet]: The Aspirational Investor: Taming the Markets to Achieve Your Life's Goals
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While the hardcover still doesn't look like it's available until next month, the Kindle version of Capital Returns is now available, HERE. And if you don't have a Kindle yet but are considering one, it looks like Amazon has them on sale...
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Lawrence Cunningham presentation on his book, Berkshire Beyond Buffett: The Enduring Value of Values (video) (LINK) Sanjay Bakshi: IMPLICATIONS OF THE COMING CAPEX IN COAL (LINK) Latticework of Mental Models: Variable Reinforcement (LINK) An...
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Michael Lewis on Charlie Rose discussing Flash Boys, one year after publication (video) (LINK) How to Succeed in Life, the Warren Buffett Way (LINK) Things You Didn’t Know About Buffett’s Strategy (LINK) Warren Buffett and 3G May Have One Barrier...
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3G Capital, Berkshire to Buy Kraft, Merge It With Heinz (video) (LINK) Warren Buffett was also on CNBC discussing the deal, HERE, HERE, HERE, and HERE. ValueWalk with more excerpts from the Baupost Group 2014 Letter (LINK) Farnam Street - Mental...
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Elizabeth Holmes: One woman’s drive to upend medical testing (LINK) Related links: Elizabeth Holmes at TEDMED 2014 (video), Elizabeth Holmes interview at TechCrunch Disrupt San Francisco ’14Atul Gawande's 2014 Reith Lectures...
Money and Finance