Money and Finance
Bud Labitan made his book Moats free for all (LINK)
Read the letter Bill Gates sent to Microsoft employees for the company's 40th anniversary (LINK)
Life after Pimco: Mohamed El-Erian on economics, politics and his hope for a 'Sputnik moment' (LINK)
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How America Lost Track of Ben Franklin’s Definition of Success [H/T @AlexRubalcava] (LINK) [Related book: The Autobiography of Benjamin Franklin] According to Franklin, what mattered in business was humility, restraint, and discipline....
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A Dozen Things Learned from Charlie Munger About Benjamin Graham’s Value Investing System (LINK) Related book: Charlie Munger: The Complete InvestorTren Griffin talks with Forbes about his book on Charlie Munger (LINK) James Chanos discusses China...
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Just a reminder that the PBS series First Peoples premieres tomorrow, June 24th, which I'm looking forward to, especially after the praise I've given the book Sapiens. The Superinvestors of Daily Journal Corporation [H/T Linc] (LINK)...
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Bill Gates: Ebola, Beyond the Headlines (LINK) FRMO Corporation Annual Meeting of Shareholders Transcript [H/T ValueWalk] (LINK) Peter Thiel Speech At Stanford (video) [H/T ValueWalk] (LINK) Related book: Zero to OneJason Zweig: Look Who’s...
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Aswath Damodaran - The Education Business: A Road Map for Disruption (LINK) Related mini-book (PDF): Hire Education: Mastery, Modularization, and the Workforce RevolutionRelated book: Disrupting ClassAndrew Smithers: The contested ties between asset...
Money and Finance
Links
Bud Labitan made his book Moats free for all (LINK)
Read the letter Bill Gates sent to Microsoft employees for the company's 40th anniversary (LINK)
Life after Pimco: Mohamed El-Erian on economics, politics and his hope for a 'Sputnik moment' (LINK)
Q. Where is your money? Stocks? Treasuries? Bonds?
A. It is mostly concentrated in cash. That’s not great, given that it gets eaten up by inflation. But I think most asset prices have been pushed by central banks to very elevated levels.
Some interesting thoughts on Amazon and Wal-Mart [H/T Linc] (LINK)
Richard Duncan visits the Peak Prosperity podcast (LINK)
Hussman Weekly Market Comment: Stock-Flow Accounting and the Coming $10 Trillion Loss in Paper Wealth (LINK)Richard Duncan visits the Peak Prosperity podcast (LINK)
Related book: The New Depression: The Breakdown of the Paper Money Economy
Many of the misconceptions that investors hold about the economy and the financial markets can be clarified by understanding the relationship between the “flow” and “stock” of various quantities in the economy.Book of the day: The Way to Wealth: To which is added: The Whistle & The Advantages of Drunkenness - by Benjamin Franklin
- Links
How America Lost Track of Ben Franklin’s Definition of Success [H/T @AlexRubalcava] (LINK) [Related book: The Autobiography of Benjamin Franklin] According to Franklin, what mattered in business was humility, restraint, and discipline....
- Links
A Dozen Things Learned from Charlie Munger About Benjamin Graham’s Value Investing System (LINK) Related book: Charlie Munger: The Complete InvestorTren Griffin talks with Forbes about his book on Charlie Munger (LINK) James Chanos discusses China...
- Links
Just a reminder that the PBS series First Peoples premieres tomorrow, June 24th, which I'm looking forward to, especially after the praise I've given the book Sapiens. The Superinvestors of Daily Journal Corporation [H/T Linc] (LINK)...
- Links
Bill Gates: Ebola, Beyond the Headlines (LINK) FRMO Corporation Annual Meeting of Shareholders Transcript [H/T ValueWalk] (LINK) Peter Thiel Speech At Stanford (video) [H/T ValueWalk] (LINK) Related book: Zero to OneJason Zweig: Look Who’s...
- Links
Aswath Damodaran - The Education Business: A Road Map for Disruption (LINK) Related mini-book (PDF): Hire Education: Mastery, Modularization, and the Workforce RevolutionRelated book: Disrupting ClassAndrew Smithers: The contested ties between asset...