“Sit down before facts like a child, and be prepared to give up every preconceived notion, follow humbly wherever and to whatever abysses N...

From Security Analysis (The abridged audiobook  of what I believe is the 1934 edition is also on YouTube . It's a great narration by ...

From FACING THE CONSEQUENCES : Risk is about how we make decisions, and only incidentally about the math that we employ to reach those d...

I'll be on vacation posting over the next week and a half or so, where I've scheduled some quotes and book excerpts, but probably wo...

For those interested, we've filed as a substantial shareholder on our second Australian name at Boyles. The details of which can be seen...

From Seth Klarman in June 1999 : Students of financial history can point to historic levels of valuation to suggest that we are in a bubb...

Link to video [H/T BeyondProxy ]

Wilbur Ross on CNBC (video) ( LINK ) This short piece from Michael Lewis last month is making its rounds again: Greece Saunters Across the...

The BIS Annual Report ( LINK ) Steve Keen : "If you want to understand Greece today, read Wynne Godley from 1992." ( LINK ) Th...

From  Dialogues and Essays : `Why do many reversals of fortune happen to good men?' Nothing bad can happen to a good man: opposites do...