Here’s a list of this week’s best investing reads:
The Blunt Ratio (Verdad)
The Next Frontier (Jamie Catherwood)
All Wrapped In One (The Irrelevant Investor)
How Much Money is Enough? (A Wealth of Common Sense)
Save Like A Pessimist, Invest Like An Optimist (Collaborative Fund)
‘I Can’t Believe I’m Saying This, But I’m Passing on Seth Klarman’ (Institutional Investor)
Warren Buffett’s Japan Bet, Warren Buffett’s Gold Bet, etc (The Reformed Broker)
Government Bonds Have Given Us So Much (GMO)
Warren Buffett: His Life In Pictures (CNBC)
US stocks head for best August since 1986 (FT)
A Speculative Feeding Frenzy Like We’ve Never Seen Before (Felder Report)
Bill Ackman Q2 2020 Shareholder Letter (Pershing Square)
Lucifer’s Hammer (Epsilon Theory)
Index Investors and the Terrible, Horrible, No Good, Very Bad Pandemic Volatility (Barry Ritholtz)
Believers (Eric Cinnamond)
Wirecard and me: Dan McCrum on exposing a criminal enterprise (FT)
No, Robinhood Traders Aren’t Affecting the Stock Market (Of Dollars and Data)
Loeb’s pivot to growth tech stocks pays off in August; Einhorn fund barely rises (Seeking Alpha)
Illusion, Perception and Reality: Stock Splits and Index Inclusions (Aswath Damodaran)
Aim For What’s Reasonable: Leadership Lessons From Director Jean Renoir (Farnam Street)
Individual-Investor Boom Reshapes U.S. Stock Market (WSJ)
Stock Splits, The Illusion of Control, Buffett at 90 (The Rational Walk)
Tesla is nuts, will it ever crash? (FT)
Why You Should Not Day Trade (White Coat Investor)
Two “Tiger Cubs” long portfolios are up 94% and 92% over the last year (Whale Wisdom)
How Close Are We To The Worst Of The Financial Crisis? (UPFINA)
Weekly Quotes From Earnings Calls 08.31.20 (The Transcript)
Bruce Greenwald – 1st Annual Roger Murray Lecture Series, a Conversation (TAM)
The Art of the Bubble (Jason Zweig)
Stop playing market whack-a-mole (EBI)
Trading Up-Close: Short Selling Strategies (Schwab)
Are we in a bubble? A look at market and economic fundamentals (Whitney Tilson)
Why The Statement of Cash Flows Is So Important (VIJ)
The S&P 500 is becoming uncorrelated with its own members (SentimenTrader)
Follow the Earnings (Novel Investor)
Bubble Trouble (Frank Martin)
Buffett’s Investment in See’s Candy (DGI)
What Really Prevents Companies from Thriving in a Recession (HBR)
Daddy.. What’s a Bubble? (Howard Lindzon)
Understanding Stakeholder Value: Where Do Profits Come From? (Intrinsic Value)
The Future Is Coming: The Technology Revolution of the Roaring 2020s (Dr Ed)
Some Thoughts On SPACs (AVC)
The Biggest Bluff (Barel Karsan)
Smart investors not immune from my-side argument bias (DSGMV)
Investment Firm Culture Change: Five Keys to Success (CFA Institute)
Stocks Vs. Volatility – Round 1 (Dana Lyons)
A Little Bit of Friction Can Make Us Better Long-Term Investors (Behavioural Investment)
Show me the money (Brinker Capital)
This week’s best value investing reads:
A Value Investor’s Lesson on Valuing People (Safal Niveshak)
Why the Nightmare Continues for ‘Value’ Investors (Validea)
Should Investors Focus on Growth or Value? (Investment U)
Samra’s Rules For Value Investing (Video) (Real Vision)
This week’s best investing research reads:
How to Measure and Understand Portfolio Tail Risk Events (Alpha Architect)
Picking Profitable Businesses Can Be Highly Unprofitable (Factor Research)
The COVID Price Compression in Technology (Prag Cap)
Growth And Momentum Equity Factors Pull Further Ahead (Capital Spectator)
New Normal: 2% AVERAGE Inflation (Signalee)
Negative Interest Rates Have Arrived (Daily Reckoning)
Inflation or no inflation? (Klement)
How Wide Is the Equity Risk Premium? [DIRTY DOZEN] (Macro Ops)
Long or Short Volatility? (Investment Innovation)
G-Score ROA Rank by Industry Backtest Part 8 (Fat Pitch)
Wheels Up! Airlines and Travel Stocks Have Taken Off on Pent-Up Demand (Advisor Perspectives)
Traditional vs. Modern Approaches to Shipping Markets: Gut Instinct vs. Data-Driven (All About Alpha)
The Bear Case Starts With Small-caps (All Star Charts)
This week’s best investing tweet:
The more public you become with your positions/opinions the harder it is to let them go. Don’t talk openly about your positions unless you are strong enough to change your mind in front of the crowd.
— Ian Cassel (@iancassel) September 2, 2020
This week’s best investing podcasts:
Michael Mauboussin – Great Migration Public to Private Equity (Invest Like the Best)
Investing In Businesses w/ Great Fundamentals w/ John Huber (Business Podcast) (TIP)
(S02 E34): Dan Loeb On Strategy, Buy Now Pay Later $QVC, Cocker Spandrels (Value After Hours)
Rare Opportunity in Small Cap Stocks (Pzena)
Phil Pearlman: Westerners Discuss the Tao (“Don’t Suck”) (EP.18) (Infinite Loops)
Bridging Academic Research and Real World Investing with Professor Partha Mohanram (Excess Returns)
The Craziest Year Ever: What Are Your Thoughts? (The Compound)
(Ep.81) Francisco Olivera – Franco’s Filter: Highly Concentrated, High Quality Companies, Liberty And Malone (The Acquirers Podcast)
All The Reasons To Be Bullish (WealthTrack)
#91 Russ Hudson: The Pursuit of Presence (Knowledge Project)
Interpreting Buffett’s 13F, Contacting Management, Our Long Term Goals, and Other Questions from Twitter (Focused Compounding)
Tim Koller – Valuation (5GQ)
Ep. 136 – Investing is the Greatest Game on Earth with Ryan O’Connor, Founder and Portfolio Manager at Crossroads Capital (Planet MicroCap)
Asset Price Hyperinflation (Animal Spirits)
This week’s best investing graphic:
Ranked: The Most Popular Websites Since 1993 (Visual Capitalist)
The Most Popular Websites Since 1993 from Visual Capitalist on Vimeo.
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