Friday, June 8, 2018


"The decision on the stock market should be made independent of the current business outlook. When you should buy stocks is when you think you're getting a lot for your money, not necessarily when you think business is going to be good next year." --Warren Buffett [yesterday on CNBC]

The transcript of the 2010 chat between Miguel Barbosa & Alice Schroeder that has been making the rounds (LINK) [Also, if anyone happens to have a transcript of her talk at Microsoft about the book, I'd love to have a copy.]

The Gambler Who Cracked the Horse-Racing Code [H/T Collab team] (LINK)

Exponent Podcast: Legacy Leverage (LINK)

AMA discussing changes to the economics of the diamond industry [H/T @UnionSquareGrp] (LINK) [This also reminds me that I need to finish the 1999 book The Diamond Makers.]

The Tipping Point When Minority Views Take Over - by Ed Yong (LINK)

Released this week: Big Mistakes: The Best Investors and Their Worst Investments - by Michael Batnick