Money and Finance

Links

Ruane, Cunniff & Goldfarb Investor Day Transcript (May 2015) [H/T market folly] (LINK)

Pershing Square Holdings' interim report [H/T Will] (LINK)

Jim Grant: The Fed Turned the Stock Market Into a 'Hall of Mirrors' (video) (LINK)

Are You a "Ben Graham Defensive Investor"? (LINK)

The Absolute Return Letter - August/September 2015 (LINK)

This month's Absolute Return Letter is a little different. It was a very eventful summer with many incidents impacting financial markets and we have compiled all these topics into one letter. China is, not surprisingly, a core subject. If the Chinese economy is slowing (and it is), we don't think China is in for a hard landing. If anyone is in the near term - and this may surprise you - we think the U.S. and the euro zone are far more likely candidates.

Kazakhstan to host IAEA nuclear fuel bank to assist non-proliferation [H/T Linc] (LINK)

One of NTI's supporters, U.S. billionaire investor Warren Buffett, contributed $50 million to "jumpstart" the project, Nunn said.

"I look forward to the time soon when the fuel bank will become an operational reality," Buffett said in a message read by Nunn.

"Please tell all the decision makers that I am a patient and long-term investor and I know that international agreements take a considerable amount of time. But please also tell them that I am 84 years old."

Book of the day: Men to Match My Mountains

- Links
Talks at Google - Hewitt Heiserman: "Ben Graham and the Growth Investor" (video) (LINK) Related book: It's Earnings That CountWhat Buffett and Seth Klarman Say About EBITDA (LINK) Stocks You Shouldn’t Own [H/T @chriswmayer] (LINK) Keep...

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How a 25-Year-Old Sparked Plunge at Lumber Liquidators (LINK) Horizon Kinetics' March Commentary (LINK) Absolute Return Letter - March 2015: Tigers in Africa (LINK) A Warning From Buffett About Banks [H/T Linc] (LINK) The $62bn secret of Warren Buffett’s...

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I found a few minutes of internet access on vacation to link to some of the things I've been saving to read this week... Seth Klarman: What I’ve learned from Warren Buffett (LINK) Warren Buffett adds to his lead in $1 million hedge-fund...

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Ndamukong Suh and Warren Buffett: The Bruiser and the Billionaire [H/T Linc] (LINK) Rick Bookstaber on Uber (LINK) Pershing Square Holdings' first letter to public shareholders (LINK) Ten bites of turkey trivia for your holiday meal (LINK) ...

- Ruane, Cunniff & Goldfarb Investor Day Transcript (2012)
Thanks to David for passing this along. Link to: Ruane, Cunniff & Goldfarb Investor Day Transcript (2012) ……………… Related previous posts: Ruane, Cunniff & Goldfarb Investor Day Transcript (2011) Ruane, Cunniff & Goldfarb Investor...

Money and Finance