Tuesday, August 15, 2017


GMO White Paper -- The S&P 500: Just Say No (LINK)
In this white paper, Matt Kadnar and James Montier, members of GMO’s Asset Allocation team, examine current US equity market valuations using several measures, starting with GMO’s own seven-year asset class forecast framework. They come to the same conclusion each time – the S&P 500 is exceptionally expensive. With this in mind, they then weigh in on what investors should and shouldn’t do in such an environment.
Warren Buffett Cashes Out on GE, Cashing In on Crisis Loan (LINK)

The Awesome But Mostly Unknown Story of Carlsberg Beer in China (Part 1, Part 2)
Related book: The One Hour China Consumer Book
Jason Zweig and Morgan Housel talk with Patrick O'Shaughnessy (podcast) (LINK)

Grant's Podcast: Alpine slide (LINK)

Why Cryptocurrencies Will Never Be Safe Havens - by Mark Spitznagel (LINK)

The next wave of computing – by Muneeb Ali (LINK)

Can Humans Understand Chimps? - by Ed Yong (LINK)