Tuesday, February 26, 2019


In case anyone missed it last week, I think this is the clear winner for the year's best investor letter (though at over 100 pages, "letter" may not be the correct description): Semper Augustus Investments Group: 2018 Annual Letter

Masters in Business Live, with Howard Marks of Oaktree Capital (video) (LINK)

An Investment Algorithm That Works (LINK)

The Value Chain Constraint - by Ben Thompson (LINK)

How a coat on Amazon took over a neighborhood — and then the internet [H/T @emilyleldridge] (LINK)

America’s Religion Is Work - by Derek Thompson (LINK)

Invest Like the Best Podcast: Michael Kitces – The Past, Present & Future of Financial Advice (LINK)

a16z Podcast: Capitalizing on an Autonomous Vehicle Future (LINK)

Acquired Podcast: Instagram Revisited (with Emily White) (LINK)

Pitchfork Economics with Nick Hanauer: Yuval Harari - Unedited Conversation (LINK)

Does Planet 9 Exist? - by Phil Plait (LINK)

Is the World’s Largest Animal Too Reliant on the Past? - by Ed Yong (LINK)

Book of the day (also added to the Business Biographies list): The Making of Harcourt General: A History of Growth Through Diversification 1922-1992


And for those going to the Fairfax Financial Annual Meeting in April, here are some of the other events worth checking out:

Practical History of Financial Markets Course

The Ben Graham Dinner

Ben Graham Centre's 2019 Value Investing Conference

YYX Toronto Value Symposium (early bird rate available for those that just want to attend and not present)