Friday, December 11, 2015


Warren Buffett Takes 8% Stake in Sears Spinoff Seritage (LINK)
Billionaire investor Warren Buffett has taken an 8.02% stake in Seritage Growth Properties Inc., the real-estate company split off from Sears Holdings Corp. earlier this year. 
Mr. Buffett disclosed in a regulatory filing Thursday that he has bought 2 million shares in Seritage, a passive stake. At Wednesday’s closing price, the stake would be valued at about $70.5 million. 
The filing didn’t detail what he plans to do with the shares. Mr. Buffett took the stake personally, not through his company, Berkshire Hathaway Inc.
Five Good Questions for William Green about his book The Great Minds of Investing (LINK)

Third Avenue Blocks Redemptions From Credit Fund Amid Losses (LINK)

Amazon’s instant gratification service aims to disrupt delivery (LINK)

Michael Lewis On Why The Bank Bailout Was A Mistake (video) (LINK)
Related book: The Big Short
Have You Gotten Over Yourself? (LINK)

Book of the day [H/T @Sanjay__Bakshi]: Do the Work: Overcome Resistance and Get Out of Your Own Way