Aswath Damodaran: No Light at the end of the Tunnel: Investing in Bad Businesses (LINK)
Fairfax Financial Ltd chief Prem Watsa tells his ‘Horatio Alger’ story [H/T Will] (LINK)
Jim Chanos' Wall Street Week video [H/T ValueWalk] (LINK)
Kyle Bass reveals his best trade idea for 2015 and comes clean about a trade he got 'dead wrong' (LINK)
Lessons learned from passing on Berkshire Hathaway at $97 per share in 1982 (LINK)
Zappos CEO Tony Hsieh: Adopt Holacracy Or Leave (LINK)
Related book: Reinventing OrganizationsBook of the day: Capital: The Story of Long-Term Investment Excellence