Money and Finance

Links

Michael Lewis: Eight Things I Wish for Wall Street (LINK)

Tom Russo, Susan Decker, Lawrence Cunningham, and Brad Kinstler discuss Berkshire Hathaway at Stanford (video) [H/T ValueWalk] (LINK)

Related book: Berkshire Beyond Buffett

Matthew McLennan on WealthTrack (video) [H/T ValueWalk] (LINK)

Inside Mark Zuckerberg's plan to get every human online (LINK)

Talks at Google: John Heins & Whitney Tilson: "The Art of Value Investing" (video) (LINK)

Hussman Weekly Market Comment: A Sensible Proposal and a New Adjective (LINK)

My impression is that the recent weakness in the equity market and the plunge in Treasury yields have not been “caused” by weakness in the energy market, but that all are joint symptoms of a synchronous downturn in global economic growth, most obvious in Japan and Europe, and increasingly developing in England, China, and elsewhere. It's a reasonable concern that this softening may include the U.S. economy. In U.S. data, we don’t observe much evidence of recession risks at present, but that evidence can emerge fairly rapidly. A large-scale credit event would obviously heighten our immediate economic concerns. We’re particularly attentive to clear upward pressure on credit spreads and risk premiums here.

Ebola: An eyewitness account from Sierra Leone [H/T The Browser] (LINK)

Book of the day: Fast Forward: The Technologies and Companies Shaping Our Future

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Oaktree Insights: Investing in Real Estate [H/T ValueWalk] (LINK) In this Oaktree Insights paper, John Brady (Real Estate Portfolio Manager) explores the introductory concepts of real estate investing and provides an overview of Oaktree's investment...

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Nassim Nicholas Taleb's interview at the Tomorrow Conference in June 2015 (video) [H/T ValueWalk] (LINK) Related book: AntifragileRichard Thaler talks to Barry Ritholtz about his book, Misbehaving: The Making of Behavioral Economics (LINK)...

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Presentations from The Ben Graham Centre’s 2015 Value Investing Conference [H/T ValueWalk] (LINK) Nestle chairman: Heinz owners have 'pulverized' the food industry [H/T Matt] (LINK) The Apollo Asia Fund's Q1 Report (LINK) Horizon...

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Talks at Google: Tobias Carlisle discusses his book Deep Value (video) [H/T ValueWalk] (LINK) Atul Gawande: What ails India's public health system (LINK) Larry Cunningham: Ocwen Would Do Well to Follow the Lessons of Berkshire’s Clayton Homes (LINK)...

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I had previously missed this, but Richard Koo's latest book came out a few weeks ago: The Escape from Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy Fortune: Inside Elon Musk's $1.4 billion score (LINK) Amazon...

Money and Finance