Friday, March 17, 2017


"That's how history unfolds. People weave a web of meaning, believe in it with all their heart, but sooner or later the web unravels, and when we look back we cannot understand how anybody could have taken it seriously." -Yuval Noah Harari (Homo Deus) [Related previous post: Harari on hindsight...]

Li Lu: The Prospects for Value Investing in China (2015 talk) [H/T @CataumetCap] (LINK)

Giverny Capital 2016 Annual Letter to Partners [H/T ValueWalk] (LINK)

From Bonds To Equities, Howard Marks And Joel Greenblatt Preach The Gospel Of Patience (LINK)

Howard Marks on CNBC (video) (LINK)

Joel Greenblatt on CNBC (video) (LINK)

FT Alphachat podcast: How economics has evolved since the crisis (LINK)

How a North Carolina trucker changed the transportation industry (LINK)