Tuesday, October 4, 2016


Value Investor or Value Pretender: Which Are You? - by John Mihaljevic (LINK) [Great article. Reason #9 is one I see so often, and why it is often hard to mingle in large groups of investors. I try to filter carefully these days, but so many pitches I hear and see center around a great expected IRR because the person making the pitch is assuming an 8x or 10x P/E multiple expands to something closer to 15x, as an example. Especially if one is investing in quality businesses, there is a better way to think about expected return.]

Bill Gross' October 2016 Investment Outlook (LINK)

Tim Harford on the FT Alphachatterbox podcast discussing his latest book (released today), Messy: The Power of Disorder to Transform Our Lives (LINK)

Tony Robbins discusses the concept of "chunking" and how to approach tasks so you can get them done (video) (LINK)

The Cato chronicles, part V: death (LINK)
Related book: Rome's Last Citizen: The Life and Legacy of Cato, Mortal Enemy of Caesar
How Big Can a Black Hole Get? (LINK)