Friday, February 26, 2016


Seth Godin had a short blog post on intuition that is worth thinking about. For a while I've been thinking about how to apply the 'Intuition = Pattern Recognition' equation to the process of continuing to develop one's skill in investing. And I think a lot of how to do that is to put in the work to really understand one's investments at a fundamental level, and to spend time studying the great business and investment successes and failures throughout history to recognize when a pattern may be repeating itself. It is also good to study all mistakes (one's own and those of others) to recognize when a potential negative pattern of any size may be repeating. And I think a thorough understanding of psychology, and a continuous process trying to improve upon one's own psychology, also goes a long way.

Berkshire Hathaway: The Next Ten Years (LINK)

The Last Days of Target Canada [H/T Phil] (LINK)

Ranking Global Stock Markets On Valuation - by Meb Faber (LINK)

FT Alphachat (podcast): Boardroom battles and the rise of Xiaomi (LINK)
Related book: Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism