Wednesday, December 31, 2014

Weekly Compilation of Value Links - December 31st

Here is my weekly compilation of the most interesting topics from around the web.

Feel free to reach out with questions or comments,



Guy Spier on Investing and Life: Marketfolly
Five questions for Pabrai and Spier: Fivegoodquestions
2014 Pabrai Funds Notes: Bitsbusiness
Mohnish Pabrai talk at Boston College: Youtube
Mohnish Pabrai Barrons interview on Bank of America, Citi, Google and Hyundai: Barrons
Mohnish Pabrai at the Economic News of India: Economic Times
Q&A with Warren Buffett at the Forbes 400 Philanthropy Summit: Youtube
Berkshire Hathaway acquires Charter Brokerage: Yahoo Finance
Susan Decker on what its like to be on Berkshire’s board: Bizjournals
What Tom Murphy taught Warren Buffett: Quartz
Charlie Munger 2008 Caltech lecture: Youtube
Howard Marks on Investing in Russia: Bloomberg
Howard Marks memo : The Lessons of Oil: OakTree
NYSSA interviews William Thorndike of The Outsiders: Youtube
Larry Cunningham: Berkshire and Buffett Today: Culture, Control, and the Duracell Deal: Beyondproxy
Value Investor Insight interview with Keith Trauner and Larry Pitkowski: Value Investor Insight
“Dream, People, Culture”: Carlos Brito, CEO of Anheuser-Busch InBev: Value Investing World
Discussion of Henry Singelton’s business success: Seeking Alpha
Leon Cooperman presenting on the strategies of Henry Singelton: NYSSA
Henry Singleton in Forbes magazine 1979: Forbes
Joel Greenblatt on Wealthtrack: Youtube
Graham-Newman Letters to partners 1946-1958: RBCPA
Warren Buffett’s 2014 letter to Berkshire’s top managers: WSJ

Monday, November 17, 2014

Weekly Compilation of Value Links - November 17th

Here is my weekly compilation of the most interesting topics from around the web.

Feel free to reach out with questions or comments,



Google Talks featuring Larry Cunningham author of: Berkshire Beyond Buffett”: Youtube
Notes from the Capitalize For Kids Sohn Canada 2014 featuring Ainslie, Adrangi, Gottfried, Akre etc: Marketfolly
Atul Gawande on his book: “Being Mortal: Medicine and What Matters in the End”: Charlie Rose and at the Aspen Institute
Tracy Britt Cool in Fortune Magazine: Fortune
Advice from Tracy Britt Cool: CNBC
Sandy Gottesman talking about long time friend Warren Buffett: Bloomberg
David Enhorn on CNBC talking about opportunities he is finding: CNBC, His short thesis on AthenaHealth (CNBC), Apple is firing on all cylinders (CNBC), People are misunderstanding SunEdison (CNBC)
Kyle Bass on his investment in General Motors: CNBC
Berkshire Hathaway’s wind investments: WSJ
Interview of Lee Carroll, CEO of Berkshire Hathaway Specialty Insurance: Business Insider
Michael Lewsi on the 25th anniversary of Liar’s poker: Charlie Rose
Elon musk speaks about Tesla and SpaceX at Vanity Fair’s New Establishment Summit: Youtube
Warren Buffett’s 6 best investments of all time: Fortune
Notes from Sohn Conference San Francisco: Marketfolly
Interview of Google co-founder and CEO Larry Page: Financial Times
How Berkshire’s Brooks Running Shoes plans to become a billion dollar brand: Fortune
Julian Robertson on the three most important things in investing: Marketfolly, thoughts on the bond bubble (Bloomberg), Asia is a golden place for hedge funds (Bloomberg) and Japan’s economy needs more juice (Bloomberg)
Bruce Berkowitz on managing risk and reward: Youtube
Donald Graham speaks about Warren Buffett and Berkshire Hathaway: David Kass
Profile of Larry Cunningham’s “Berkshire Beyond Buffett”: WSJ
Warren Buffett’s recent acquisitions of capital intensive companies: WSJ
Old files from Walter Schloss surface: Valuewalk
Buffett’s BNSF bet is paying off: Bloomberg
John Malone and his use of tax breaks: Bloomberg
Will Thorndike on when share buybacks are a good idea: Harvard Business Review
Berkshire to acquire Duracell : David Kass blog
What was bought and sold in Berkshire’s portfolio in the 3rd quarter: David Kass Blog
What successful fund managers were buying in selling in the third quarter: Dataroma

Tuesday, October 28, 2014

Weekly Compilation of Value Links - Oct 28th

Here is my weekly compilation of the most interesting topics from around the web.

Feel free to reach out with questions or comments,


Buffett’s 1966 investment in Walt Disney: Base Hit Investing
Buffett’s 1983 acquisition of Nebraska Furniture Mart: Value Investing World
Graham and Doddsville Newsletter Fall Edition: Columbia
Tracy Britt named CEO of the Pampered Chef: Bloomberg
John Malone interview compilation: Youtube
Buffet’s stock pickers Todd Combs and Ted Weschler: Fortune
Capital In The 21st Century: The Gates Notes
Buffett cuts Tesco stake: Bloomberg and WSJ
Larry Van Tuyl on the sale of his business to Buffett: Automotive News
Great Investors Best Ideas Dallas 2014 Notes from Perry, Einhorn, Ackman etc: Market Folly

Monday, October 13, 2014

Weekly Compilation of Value Links - Oct 13th

Here is my weekly compilation of the most interesting topics from around the web.

Feel free to reach out with questions or comments,



Joel Greenblatt interview on CNBC – September 23rd: CNBC
Warren Buffett transcript discussing the Van Tuyl Group on CNBC Oct 5th: CNBC
Warren Buffett interview with Carol Loomis at the Fortune Most Powerful Women’s Conference: Link and a video of him signing to 400 women: Link
Buffett rolls out the Berkshire Hathaway Brand: CNBC
Buffett says getting a mortgage is a ‘No-brainer’: Bloomberg
Walter Schloss interview in OID from March 1989 with a letter from Warren Buffett: Link
Guy Spier discussing his new book The Education of a Value Investor: ValueConferences
Peter Buffett in the Washington Post October 10th: Washington Post
Notes of Charlie Munger’s Daily Journal Meeting from Phil Demuth of Forbes: Part 1, Part 2, Part 3, Part 4.
Interview with Prem Watsa with Chennai: Part 1, Part 2

Tuesday, September 23, 2014

The Best From The Web: Weekly Value Links

Notes from Charlie Mungers Daily Journal Annual Meeting held September 10th 2014 from Marketfolly, Valuewalk, Forbes and Motleyfool
Seth Klarman’s recent letter to investors: Valuewalk
Andy Kilpatrick released an expanded edition of his book Of Permanent Value: Amazon
Warren Buffet places his first sports bet in Las Vegas: CNBC, The Post Game
Global valuation figures by country: Star Capital
Coverage of the turmoil at Benjamin Moore: Fortune
Whitney Tilson’s thoughts on Berkshire Hathaway’s valuation: Tilson Funds
Mohnish Pabrai’s talk at Pan IIT Canada: Youtube
Authors@ Google talk by Guy Spier: Youtube

Wells Fargo CEO John Stumpf spoke at the NPC Press Club on banking, the economy and his relationship with Warren Buffett: National Press Club, Bloomberg

Buffett, Blankfein and Bloomberg on small business: Bloomberg

Friday, September 12, 2014

The Best From The Web: Weekly Value Links - Sept 12th

Interview with Joel Greenblatt in Barrons: (Link)
Interview with Wilbur Ross in Outlook Business: (Link
Howard Marks Memo to Oaktree Clients: (Link
Charlie Munger’s Letters to shareholders of Blue Chips Stamps 1978-1982. Compiled by Max Olson:

Blue Chip Stamps financials: (Link)  and letters: (Link

Jason Zweig interviewed Charlie Munger after the Daily Journal annual meeting on September 10th: (Link) and the second article (Link2)
More coverage of the Daily Journal meeting from Noah Buhayar at Bloomberg: (Link)
Notes from the Value Investing Congress in NYC: (Link) and (Link)
“How Guy Spier Evolved Into a Great Investor” on Bloomberg Radio: (Link)
Third Avenue Funds 3Q 2014 Shareholder Letter: (Link)
Salman Khan – The Learning Myth: Why I’ll Never Tell My Son He’s Smart: (Link)
So Bill gates Has This Idea for a History Class (New York Times): (Link)
Excerpts from Baupost’s Q2 Letter to Investors: (Link

Thursday, May 8, 2014

Notes from the 2014 Berkshire Hathaway Annual Meeting

Here is a link to a transcript of the comments made by Warren Buffett and Charlie Munger at the 2014 Berkshire Hathaway Annual meeting:

Tuesday, March 4, 2014

Yellow BRKers Meet and Greet at the 2014 Berkshire Hathaway Annual Meeting

You are invited to the Yellow BRKers Meet and Greet on Friday May 2nd, 2014 at the DoubleTree Hotel in Omaha to meet and have fun, starting at 4:00 pm and you can linger until 7:00 pm (or longer). There will be a short program at approximately 5:30.

This is a casual atmosphere. It's a "happy hour" type of gathering - not a formal dinner or anything of that sort.

The DoubleTree is located on 16th and Dodge. There may be some street parking, otherwise, one can use the parking garage with an entrance from the South at 16th & Dodge street, just east of the First National Bank.

Be sure to register if you are attending by clicking on the 'register' tab:

I hope to see you there!