Tuesday, November 19, 2019


"Throughout the careers Charlie and I have had in investing, there have always been hundreds of cases, or thousands of cases, of things that are ridiculously priced, and phony stock promotions, and the gullible being led to believe in things that just can’t come true. So that’s always gone on. It always will go on. And it doesn’t make any difference to us. We are not trying to predict markets. We never will try and predict markets. We’re trying to find wonderful businesses. And the fact that a part of the market is kind of screwy, that’s unimportant to us." --Warren Buffett (1996)

Integration and Monopoly - by Ben Thompson (LINK)

Oaktree Insights: A Place for Real Estate Debt in Global Credit Investing (LINK)

The Greatest Money-Making Machine of All Time: On Renaissance Technologies and the Medallion Fund (LINK)

Aswath Damodaran on Aramco's IPO (Part 1, Part 2)

Invest Like the Best Podcast: Kevin Systrom and Mike Krieger – How to Build a Great Product (LINK)

EconTalk Podcast: Keith Smith on Free Market Health Care (LINK)

Hidden Forces Podcast: The Present Danger: America, China, and the Second Cold War | Kyle Bass (LINK)

‘Absolutely No Mercy’: Leaked Files Expose How China Organized Mass Detentions of Muslims (LINK)

Elastic: Flexible Thinking in a Constantly Changing World (LINK)

Algorithmic Blindspots - by David Perell (LINK)

The Greatest Shortcut for Leaders Is Reading Books - by Ryan Holiday (LINK)

Why polio is still around—and why we can eradicate it - by Bill Gates (LINK)

What America Lost When It Lost the Bison - by Ed Yong (LINK)