Wednesday, June 12, 2019


"It’s pretty hard in a declining business to buy things cheap enough to compensate for the decline." --Warren Buffett (2006

What’s Warren Buffett Up to in Europe? [H/T Linc] (LINK)

The Meb Faber Show (podcast): John Huber - Stock Prices Fluctuate Much More Than The Underlying Businesses (LINK)

Paul Tudor Jones on JUST Capital, U.S. Recession, and Gold (video) (LINK)

Kyle Bass Sees Hong Kong Politics 'Speeding Up' Pressure on Dollar Peg (video) (LINK)
Related letters from Bass: 1) "The Quiet Panic in Hong Kong"; 2) "Trouble in Hong Kong- Part Deux"
Leonardo da Vinci’s Huge Notebook Collections, the Codex Forster, Now Digitized in High-Resolution: Explore Them Online (LINK)

For Kindle readers, there are a couple titles of note currently on sale:

Tubes: A Journey to the Center of the Internet

Junkyard Planet: Travels in the Billion-Dollar Trash Trade