Tuesday, May 10, 2016


GMO Quarterly Letter: 1Q 2016 (LINK)
In “Keeping the Faith,” Ben Inker discusses why he believes that in the long run, no factor is as important to investment returns as valuation. He reviews the challenges faced by long-term value investors over the past five years and offers several reasons why a value-based approach should outperform over the long term. Part 2 of the Letter features Jeremy Grantham looking back over the previous few years and addressing lessons learned on the topics of oil, finite resources, and food production. He closes with updates on the equity markets, the oil price, and the potential effects of rapidly accelerating temperature changes globally.
Warren Buffett 1998 Talk at University of Florida - By John Huber (LINK)

The Value of Active Management: A Journey Into Indexville (LINK)

The Real Problem With Facebook and the News - by Ben Thompson (LINK)

a16z Podcast: The Blockchain, Open for Business (LINK)
Related book: The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology
As Lending Club Stumbles, Its Entire Industry Faces Skepticism (LINK)

Raghuram Rajan: Rethinking the Global Monetary System (audio and podcast) (LINK)

How Breakfast Became a Thing (LINK)

TED Talk - Jennifer Kahn: Gene editing can now change an entire species — forever (LINK)

Strange seaweed rewrites history of green plants (LINK)

Peter Bevelin's new book, All I Want To Know Is Where I'm Going To Die So I'll Never Go There, is now available on Amazon (from the publisher in the 'See All Buying Options' section) as well as on the Poor Charlie's Almanack site.