This week’s best investing news:
Warren Buffett Prepares His Middle Child for the Job of a Lifetime (WSJ)
Ackman mimics Buffett with Howard Hughes property deal (AFR)
Chuck Akre on Winning Big by Investing in High-Quality Businesses (MoI)
The Lamentation of David Einhorn (FT)
2024 in Factors (Verdad)
Cliff Asness says bitcoin is a bubble unless uses besides speculation and criminality emerge (CNBC)
Aswath Damodaran – The Dark Side of Valuation (MOI)
‘Speculation Has Run Amok’ (Felder)
Practical Lessons from Warren Buffett | Timeless Wisdom from the Oracle of Omaha (Validea)
Nassim Taleb | The architecture of the world we inhabit (The Merge)
OakTree: Recalibration with Danielle Poli, Julio Herrera, Mark Jacobs, and Todd Molz (OakTree)
Mega Cap World Domination (Ben Carlson)
Mountainside Chat with Will Thorndike, author of “The Outsiders” (Rob Vinall)
Look Both Ways (Humble Dollar)
Markets Are a Mirror (Safal)
Busy-ness and leverage (Seth Goden)
Things Change (The Better Letter)
Asset Allocations Look Out of Whack But It Could be Worse (Basis Pointing)
Who’s Afraid of Rising Treasury Yields? Not Stocks (AP)
MiB: Brian Hurst, ClearAlpha (MiB)
Patient Capital Management Q4 2024 Commentary (PC)
Wedgewood Partners Q4 2024 Client Letter: Curb Your Enthusiasm (Wedgewood)
Jensen Investment Management: 2024 Year in Review and 2025 Market Outlook (Jensen)
This week’s best value investing news:
A catalyst for change – closing the valuation gap in international value stocks – Oakmark
Is it time to look at value investing? There may be good returns (The Times)
The Case for Global Value Investing: January 2025 Perfect Stocks Report (Benzinga)
This week’s Fear & Greed Index:
This week’s best investing podcasts:
Will DOGE and Musk Make a Difference? (with Michael Munger) (EconTalk)
#2255 – Mark Zuckerberg (Joe Rogan)
Dave Sekera: A Market Outlook for 2025 and Beyond (LongView)
Tal Zaks – Bridging Science, Medicine, and Returns (ILTB)
It’s Getting Easier to Invest in Private Assets. What Does That Mean for Investors? (Morningstar)
Cash Is King: Dan Niles’ 2025 Investing Playbook (On The Tape)
Special Situations: Why Mispricing Exists (PlanetMicroCap)
Can ChatGPT Beat the Market? Doug Clinton Launched an ETF to Find Out (Excess Returns)
This week’s Buffett Indicator:
Strongly Overvalued
This week’s best investing research:
Training Machine Learning Models For Return Prediction (AlphaArchitect)
The Discounted Cash Flow Dilemma: A Tool for Theorists or Practitioners? (CFA)
World uncertainty and trade uncertainty rising (DSGMV)
Cap-Weighted Outperformance: A Short-Term Phenomenon? (PAL)
This week’s best investing tweet:
Best S&P 500 sector from 2015-2024:
Tech +20% per year (no surprise)
Worst sector:
Energy +5% per year
Best sector from 2000-2014:
Energy +9.2% per year
Worst sector:
Tech -0.7% per year https://t.co/3ba7SOhq5K pic.twitter.com/iSuH1iLmIq
— Ben Carlson (@awealthofcs) January 16, 2025
This week’s best investing graphic:
Ranked: The World’s 50 Most Profitable Companies in 2024 (Visual Capitalist)
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