Category Archive

Here’s a list of this week’s best investing reads: Gold, Bitcoin & Markets (Jamie Catherwood) Apple, Epic, and the App Store (Stratechery) 50 Of The Best Investing Podcasts On The Planet (2020) (Acquirer’s Multiple) Why Warren Buffett Is Buying Precious Metals (Again) (Felder Report) Post-Reorg Equities (Verdad) Modeling a Wealth Tax (Paul Graham) Rational Exuberance (Daily … Read More

Here’s a list of this week’s best investing reads: Speculation & Innovation (Jamie Catherwood) Expiring vs. Permanent Skills (Collaborative Fund) Berkshire Makes a Bet on Gold Market That Buffett Once Mocked (Bloomberg) Duration as Leverage (Verdad) The Most Counterintuitive Recession Ever (A Wealth of Common Sense) This Is What ‘Fiscal Dominance’ Looks Like (Felder Report) … Read More

Here’s a list of this week’s best investing reads: What Always Changes (Collaborative Fund) Big Tech, Anti-Trust & Kodak (Jamie Catherwood) The Keyser Söze of investing – Nicholas Sleep (FT) Discounting, Death, and the Demand for Growth Stocks (Verdad) Why Housing Could Be One of the Best-Performing Asset Classes of the 2020s (A Wealth … Read More

Value investing firm Lakewood Capital Management recently released its Q2 2020 saying – a mentality has firmly set in that if a company has prospects for growth, you simply can’t lose. The higher the price of the stock, the more appeal it seems to have. Conversely, it seems no matter … Read More

Here’s a list of this week’s best investing reads: The Grifters, chapter 1 – Kodak (Epsilon Theory) The Four Quadrants of Conformism (Paul Graham) Sad State (Reformed Broker) The Ugly Scramble (Collaborative Fund) Seth Klarman Says Fed Is Infantilizing Investors in ‘Surreal’ Market (Bloomberg) Corp Governance “Dark Arts”: Part 5 (Non-GAAP) Stranger Things (Verdad) Financial Contraptions … Read More

Value investing firm First Eagle Investment Management recently released his Q2 2020 Market Commentary in which they discuss the importance of patience and fortitude at a time when investors are being drawn to the tech stock market darlings. Here’s an excerpt from the letter: The current equity market rally has … Read More

The latest article from Miller Value Partners titled – Don’t Forget Value – makes a very strong case for a comeback in very attractive long-term returns for value investors based on the history of valuation spreads. Here’s an excerpt from the article: In our last quarterly letter, we highlighted a piece … Read More

Here’s a list of this week’s best investing reads: The Bubble 500 (Verdad) The Greatest Danger Investors Face (A Wealth of Common Sense) Securitization & Markets (Jamie Catherwood) Jim Chanos – We Are In The Golden Age of Fraud (FT) A Viral Market Update XII: The Resilience of Private Risk Capital (Aswath Damodaran) … Read More

Here’s a list of this week’s best investing reads: Orthodox Privilege (Paul Graham) Wealth Inequality & Lottery Tickets (A Wealth of Common Sense) We the People? We the Pack. (Epsilon Theory) Here We Are: 5 Stories That Got Us To Now (Collaborative Fund) Buffett’s Disappearing Alpha – Why It Doesn’t Really Matter (Validea) Was that the … Read More

Here’s a list of this week’s best investing reads: Explaining the 2020 Stock Market (A Wealth of Common Sense) An American History (Jamie Catherwood) Lots of Things Happening At Once (Collaborative Fund) Growth’s Edge Over Value May Finally Be Nearing Its End (Barron’s) Up and Down (The Irrelevant Investor) Will Deficit Spending Lead to Inflation? … Read More

Here’s a list of this week’s best investing reads: Fraud, Short Sellers & Media (Jamie Catherwood) Joe Granville: The Original Dave Portnoy (A Wealth of Common Sense) Asset Allocation Beyond the Zero Bound (Verdad) When should you sell your stocks? Only in these cases (Forbes) A Viral Market Update XI: An Ode … Read More

Here’s a list of this week’s best investing reads: Why You Feel At Home In A Crisis (Farnam Street) Never The Same (Collaborative Fund) The Air Conditioning Effect (A Wealth of Common Sense) A Viral Market Update X: A Corporate Life Cycle Perspective (Aswath Damodaran) Pzena Investment Management: Global Banks – Resilience in the … Read More

Here’s a list of this week’s best investing reads: Some Things About the Markets That Will Never Change (A Wealth of Common Sense) Same As It Ever Was (Collaborative Fund) Deserving It (MicroCapClub) The Portnoy Top (Epsilon Theory) Howard Marks Memo – The Anatomy of a Rally (OakTree) Stop Preparing For The Last Disaster (Farnam … Read More

Here’s a list of this week’s best investing reads: Ten reasons the “second wave” hasn’t spooked the markets (yet) (The Reformed Broker) 5 Signs This Might Be a New Bull Market (A Wealth Of Common Sense) Growth vs value investing: the gap widens (FT) Why We’re Blind to Probability (Collaborative Fund) Jeremy Siegel … Read More

Here’s a list of this week’s best investing reads: Why We Don’t Learn From History (A Wealth of Common Sense) The Art of Being Alone (Farnam Street) News, Media, & Markets (Jamie Catherwood) On the link between economic inequality and social injustice (The Reformed Broker) Why The Stock Market Could Be Poised For Another Plunge … Read More

Here’s a list of this week’s best investing reads: Last Dance Lessons: Top Investors Weigh in on Key Takeaways from the 90s Bulls (YouTube) Bubble Behavior During a Depression (A Wealth of Common Sense) What We Leave Behind (Scott Galloway) Under Pressure (The Reformed Broker) 10 Reasons Why Stocks are More Dangerous than Sports … Read More

Pzena Investment Management recently released an article titled Volatility, Wide Spreads, and Value Stock Returns which illustrates how value stocks recover stronger following periods of volatility like we’ve had this year. Here’s an excerpt from that article: Daily volatility of the average stock at the end of March was as … Read More

Here’s a list of this week’s best investing reads: The Three Sides of Risk (Collaborative Fund) Mental Models For a Pandemic (Farnam Street) Netflix: Cooked? (behindthebalancesheet) Inequality Everywhere You Look (A Wealth of Common Sense) How Sectors are Driving Value and Growth (The Irrelevant Investor) Three things you can’t do in this world (The Reformed … Read More

Here’s a list of this week’s best investing reads: What Have We Learned Here? (Collaborative Fund) What Happens to Stocks After a Big Up Month? (A Wealth of Common Sense) tHe sToCk MarKeT is iGnorInG tHe rEaL EcONomY (The Reformed Broker) Bill Miller doesn’t see market as ‘dramatically overvalued,’ says Amazon could double … Read More

Here’s a list of this week’s best investing reads: This version of Warren Buffett (The Reformed Broker) Bad Arguments and How to Avoid Them (Farnam Street) How Will the Crisis Impact Housing Prices? (A Wealth of Common Sense) If Charlie Munger Didn’t Quit When He Was Divorced, Broke, and Burying His 9 Year … Read More