Wednesday, July 18, 2018


"The most important thing in investments is not having a high IQ, thank God. I mean, the important thing is realism and discipline. And you don’t need to be extraordinarily bright to do well in investments, if you are realistic and disciplined." --Warren Buffett

Buffett's Berkshire Hathaway loosens policy on stock buybacks (LINK)
Related previous post: Warren Buffett on Share Repurchases
O’Shaughnessy Quarterly Investor Letter Q2 2018 (LINK)

Mindsets: Optimism vs. Complacency vs. Pessimism - by Morgan Housel (LINK) [This reminded me of Charlie Munger's labeling of himself as a "cheerful pessimist," as well as the story Bill Miller told about Warren Buffett in Miller's Q2 2008 letter.]

Short-selling legend Chanos says short Envision Healthcare (video) (LINK)

Top short seller Chanos' strategy for shorting stocks (video) (LINK)

Facebook CEO Mark Zuckerberg on the Recode Decode Podcast (LINK)

George Soros Bet Big on Liberal Democracy. Now He Fears He Is Losing. (LINK)

Why diagnosing Alzheimer’s today is so difficult—and how we can do better - By Bill Gates (LINK)

What Can Odd, Interesting Medical Case Studies Teach Us? - by Siddhartha Mukherjee (LINK)