In his 2008 Times interview, Mr. Keough spoke about a lesson he learned from working in the stockyards of Sioux City, Iowa.
Warren Buffett's German To-Do List [H/T Peter] (LINK)“When I was 15 or 16 years old, I got a job buying bulls to ship to processing plants back East,” he said. “I worked for a man named Doyle Harmon, and my first day on the job, he chastised me for paying too much. He said, ‘Concentrate on the bull, not on the language of selling.’ I’ve made most of the mistakes in my career by not concentrating on the bull.”
Joel Greenblatt on CNBC (video) [H/T ValueWalk] (LINK)
Patient Capital Management Q4 2014 Investor Letter (LINK)
Andrew Smithers: The sustainable growth of the US (LINK)
I hadn't realized it until now, but besides supporting this blog by shopping through our Amazon link (HERE), you can now also support the blog by signing up for a free trial with Audible using THIS link (there's also a banner on the right site of our homepage that links to it). The trial includes two free audiobooks. I've found that if you get a good narration of the book, listening can be an even better experience than reading a particular book.