Friday, December 23, 2016


Howard Marks and Rajath Shourie: CAIA Australia (video) (LINK) ["We don't have a trading mentality. We have a value mentality. We don't think, 'Hey, that's going to go up.'... We try and figure out the value and buy for less. And if we can buy things for significantly less than they're worth, then we'll do it. We don't buy to keep busy. We don't buy for the purpose of putting money to work.... To be a good investor, and to run a good investment business, I think you have to be very mature.... To do well, it's very desirable to be able to delay gratification.... Waiting is an extremely important part of investing." -Howard Marks]

Move Over Small Dogs Of The Dow, Here Come The Uber Cannibals - by Mohnish Pabrai & Yingzhuo Zhao (LINK)

NYU Stern's "In Conversation with Mervyn King" Series Presents Michael Lewis (video) [H/T ValueWalk] (LINK)
Related book: The Undoing Project
Billion Dollars To Bust: Health & Tennis Corp. Of America (LINK)

Latticework Of Mental Models: Lucretius Problem (LINK)

Of What Use is Deferred Tax Expense to Financial Analysts? (LINK)

Life’s Work: An Interview with Jerry Seinfeld [H/T @iancassel] (LINK)

Lawrence Levy: "To Pixar and Beyond [...]" | Talks at Google (LINK)
Related book: To Pixar and Beyond: My Unlikely Journey with Steve Jobs to Make Entertainment History
Frequently Asked Questions - by Derek Sivers (LINK)

Freakonomics Radio (podcast): How to Be More Productive (Rebroadcast) (LINK)

Why time management is ruining our lives - by Oliver Burkeman (LINK)
All of our efforts to be more productive backfire – and only make us feel even busier and more stressed