Compilation of value links from around the web: December Edition

Below is a compilation of the most interesting reading I've come across in the past few months:

Warren Buffett and Berkshire Hathaway

A dozen things Warren Buffett and Charlie Munger learned from See's Candies: 25IQ 

Warren Buffett's early investments: Latticework 

GEICO: The “Growth Company” that made the “Value Investing” careers of both Benjamin Graham and Warren Buffett: Wedgewood Partners 
Warren Buffett turns out to be more prescient about stocks than politics: Fortune 
Bill Gates on Warren, Bridge, Business Analysis and Tennis: Hurricane Capital
Yahoo Finance to Live Stream Buffett, Pickens, Soros at the 2016 Concordia Summit: Yahoo Finance
Graham and Doddsville Fall 2016 Issue: Columbia Business School
The story of the self destruction of Deutsche Bank: Spiegel 
Jeff Bezos interview with Charlie Rose: Valueinvestingworld
Jeff Bezos shares his management style and philosophy: Youtube
What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing: WSJ

Warren Buffett said this Jamie Dimon interview was off the charts: Yahoo Finance

Berkshire Hathaway BNSF railroad purchase shines bright in hindsight: Bloomberg 

Warren Buffett's Berkshire makes surprise U.S. airline bet: Reuters 

Buffett's three categories of return on capital: Base Hit Investing 

How to invest like Warren Buffett hero Phil Carret: Telegraph 

Ted Weschler likes Apple's subscription element: Valuewalk 

JP Morgan Chase names Todd Combs to board of directors: Bloomberg 

University of Maryland meeting with Warren Buffett: David Kass 

Playbook interview with Warren Buffett: Politico

What Warren Buffett likes about cash: Barrons

WSJ article on Buffett from 1977: WSJ

Alice Shroeder's 1999 sell side report on Berkshire Hathaway: Dropbox 

Big Problems Big Thinkers Episode 3: The Values Crisis: Bloomberg

One on One with Warren Buffett after the election: Youtube

BRK Shareholders Panel (Part 1): "Why did you buy Berkshire Hathaway stock?": Youtube

Berkshire Hathaway Symposium Panel 2: Youtube

Lawrence Cunningham: Keynote Address at the Berkshire Hathaway 50th Anniversary Symposium: Youtube

Ted Weschler makes his mark: Institutional Investor

Warren Buffett and Ajit Jain launching Berkshire Insurance: Youtube 

Guy Spier and Mohnish Pabrai

Interview with Guy Spier Part 1, Part 2

Charlie Munger told Mohnish Pabrai an investor only needs to do three things: Acquire's Multiple 

Mohnish Pabrai's new blog: Know72 http://www.know72.com/ 

Mohnish Pabrai Lecture at Peking University: Youtube

Mohnish Pabrai's hedge fund interview guide: Sumzero

Why Mohnish Pabrai likes GM, Fiat, and Southwest: Barrons 

Bill Gates

Bill Gates book recommendation - The Gene: Gates Notes 

Bill Gates: A Perfume that Smells Like Poop?: Gates Notes

Why I love this cutting edge school design: Gates Notes 

Bill Gates on clean energy, Trump, and stocks: CNBC

Bill Gates addressing India's top policymakers: Youtube

Bill Gates favorite books of 2016: Gatesnotes 

Great Investors: 

David Einhorn's Q3 letter: Valuewalk 

James Chanos and Kyle Bass speak with Bethany McLean at Vanity Fair's New Establishment Summit on the global economy and stock markets: Vanity Fair

Oaktree's Howard Marks on his investment process: Bloomberg 

The Legacy of Benjamin Graham: Youtube

Baupost Group's Seth Klarman "It's a great time to be a value investor": 2009 Outstanding Investor Digest

Seth Klarman at the Ivey Business School in 2009: Youtube

Capitalize for Kids Conference notes: Marketfolly

Five lessons from Peter Lynch: Latticework

Banks: 

John Stumpf on Mad Money: Youtube 

Jamie Dimon interview: CNBC

How Wells Fargo dressed up earnings: Barrons

Brian Moynihan on Charlie Rose: Charlie Rose

Others: 

Jim Chanos on the Trump election and stocks: Bloomberg

My good friend Shaurya Gupta's essay on value investing: Genzvalueinvestor

Don't confused cheap with value: Broyhill Asset Management 

Harvard's endowment called lazy, fat and stupid: Bloomberg 

The President in conversation with MIT's ITO and WIRED's Scott Dadich: WIRED 

Elon Musk: Making Humans a Multiplanetary Species: Youtube

How to Raise a Genius: Lessons from a 45-Year Study of Super Smart Children: Scientific American

The activist playbook is nearly 90 years old — and the first chapter was written by Warren Buffett's mentor: Business Insider

500 years of bubbles panics and manias: Valuewalk 

Compilation of value links from around the web: August Edition

Below is a compilation of the most interesting reading I've come across in the past few months:

Warren Buffett and Charlie Munger:

China’s BYD looks to double electric vehicle sales: CNBC
Buffett on oil, interest rates, and the economy: CNBC
Warren Buffett’s 1998 talk at the University of Florida: BaseHitInvesting
Warren Buffett: Modern deficits don't matter: Fox Business
16 minute intervew with Charlie Munger: Yahoo Finance
Berkshire Hathaway annual meeting replay: Yahoo Finance
Forbes compilation on Warren Buffett articles: Forbes

Buffett, Gates and Munger on CNBC:
Highlights from Omaha (LINK)
Bill Gates: Impact of low rates (LINK)
Bill Gates on the next path to normal (LINK)
Europe's woes affecting our monetary policy: Buffett (LINK)
Munger, Gates on future of AI (LINK)
Buffett on driverless cars (LINK) 

Buffett on Puerto Rico's debt crisis (LINK)
Bill Gates on pensions (LINK)
'Idiots of each party' in control: Charlie Munger (LINK)
Valeant was robbing our hospitals: Charlie Munger (LINK)
Bill Gates on encryption battle (LINK)
Fixing the tax code (LINK)
Buffett on streaming Berkshire's meeting (LINK)
Buffett on currencies, rates and financials (LINK)
Buffett on economic recovery (LINK)
Buffett on jobs picture, GDP and oil (LINK)
Buffett on American Express and buybacks (LINK)
Why voters are mad: Buffett (LINK)
Valeant's drug-pricing charge: Buffett (LINK)
I drink Coca-Cola and I'm happy: Buffett (LINK)
Buffett: Hedge funds in focus (LINK)
Jeff Bezos has 'changed the world' in a big way: Buffett (LINK)
Wal-Mart under a lot of pressure: Buffett (LINK)
Buffett on Brexit (LINK)
No surprise Baker Hughes, Halliburton deal fell through: Buffett (LINK)
Buffett on slow global growth (LINK)
Buffett on Big Blue, Yahoo and trade (LINK)
Charlie Munger's recommended reading list: Marketfolly 

How Warren Buffett's son would feed the world: The Atlantic
Buffett: Guidance can lead to malpractice: CNBC
Berkshire Hathaway 2016 Annual Shareholders Meeting replay video (LINK) [The Q&A starts around the 42:00 mark.]
16-minute Yahoo! Finance video with Charlie Munger (LINK)
Max Olson compiles the Blue Chip Stamps letters: Max Olson
How did Buffet do in 1974 when the market was down 26%?: ValueWalk
Warren Buffett's investment in Dempster Mill: ValueWalk

Bill Gates:

Bill Gates summer reading list: Gates Notes
Bill and Melinda Gates at the Code Conference: Youtube
Bill Gates talk at the Nelson Mandela Center: Facebook
Bill and Melinda Gates at the Recode Conference: Recode

Other:

Graham and Doodsville Spring 2016 newsletter: Columbia
Jeremy Grantham - GMO Q2 2016 letter: GMO
Spring 2016 Issue of the Graham and Dodd Newsletter: Graham and Doddsville
William Thorndike talk at Google: Marketfolly
William Green's talk at Google: Lessons from the great minds of investing: Youtube
Larry Cunningham's Museum of American Finance videos:
Part 1: What Will Happen to Berkshire After Buffett?
Part 2: The Beauty of the Berkshire Model
Part 3: The Blemishes of the Berkshire Model
Part 4: Audience Q&A Session 1
Part 5: Audience Q&A Session 2
SALT Conference notes: Market Folly
Latticework of mental models - pari mutuel system: Safal Niveshak
Jeff Bezos want to see an entreprenurial explosion in space: Washington Post
The remarkeable Iscar story: Rational Walk
Latticework of mental models - winners curse: Safal Niveshak
Jim Rogers interviews Jorge Paulo Lemann at the Brazil Conference 2016: Youtube
12 things Lee Kuan Yew taught me about the world: Farnam Street
Elon Musk at the Code Conference: Facebook
Google Fiber is the most audacious part of ALPHABET: Recode
2016 Internet Trends Presentation by Mary Meeker: Recode
London Value Investor Conference Presentations: Marketfolly
Joe Rosenfield and the Grinnell College endowment: GivernyCapital
Google CEO Sundar Pichai at the Code Conference: Youtube
Mohnish Pabrai lecture at UCI: Youtube
Howard Marks: 5 years ago I turned bearish on credit: Bloomberg
Jeremy Grantham commentary on immiration and Brexit: GMO
Ted Weschler makes his mark at Berkshire: Insitutional Investor
Ted Weschler - The recipie for financial success: Businessinsider

Compilation of value links from around the web: April Edition

Below is a compilation of the most interesting reading I've come across in the past few months:

Warren Buffett and Berkshire Hathaway:

Charlie Munger on the cost of capital: Damm Right 

Daily Journal Annual Meeting Notes: ValueWalk

Ron Olson on Charlie Munger and Warren Buffett: Outlook Business

Warren Buffett arrives in Europe in search of quality companies: Larry Cunningham

Yahoo to livestream the Berkshire Hathaway Annual Meeting: CNBC

Highlights of Buffett's letter to shareholders: David Kass Blog

Warren Buffett says don't piggy back my trades: Marketwatch

Berkshire Hathaway Energy and its use of tax breaks: Bloomberg

Berkshire Hathaway is safe and cheap: Basehitinvesting

Larry Cunningham on BRK's Disintermediation: Buffett's New Managerial Model: Slidshare

Mistakes and Buffett's original Berkshire Purchase: Base Hit Investing

Larry Cunningham on Berkshire's Future: Value Walk

The Munger Operating System: Farnam Street Blog

Warren Buffett on CNBC Monday February 29th: 

Transcript of Buffett on CNBC: CNBC

Warren Buffett: When stocks go down it's good news

Warren Buffett: Negative effects of low oil
Warren Buffett: Expected rails to do better
Warren Buffett:Earning power our annual goal
Distracted driver deaths will likely increase insurance rates: 
Warren BuffettBuffett: Never sold a share of IBM
Buffett: Our job is to educate 'Watson’Berkshire to webcast annual meeting
Buffett's 'ultimate' $1M bracket
Negative rates 'distorts' everything: Warren Buffett
Economist don't make money buying and selling stocks: Buffett
Trump's popularity surprises me: Warren Buffett
How Berkshire differs from 3G: Buffett
We like Dow Chemical preferred: Buffett
This was Coca Cola's dumbest deal ever: Buffett
Buffett on Apple's DOJ battle
Buffett: Don't penalize non-solar customersBuffett: Robot - wouldn't it be wonderful if
Buffett: Hope Britain stays in EUDon't sleepwalk through life: Warren Buffett

Buffett: Clayton Homes does not discriminate

Mohnish Pabrai:

Mohnish Pabrai on bubbles: Youtube

Dhandho Junoon ETF launches: Businesswire

Bill Gates: 

Bill Gates on books and blogging: NY Times

Bill Gates on BBC: BBC

Bill and Melinda Gates 2015 Letter: Gates Notes

Other reading

The ten commandments of superforcasters: Farnam Street Blog

Wilbur Ross on energy bonds: Value Walk

An interview with Bruce Flatt: Bloomberg

How Baupost did in 2015: Busines Insider

An interview with Petra Capital: Great Investors TV

GMO Q4 2015 Letter: GMO

An Interview of the MIT investment team: Fundooprofessor

Success secrets of the Kardashians: Private Investment Brief

How Macquarie sold a hollow shell company to investors: AFR

Wally Weitz reveals early Valeant red flag: Value Walk

A conversation with Nate Silver: Medium

An Interview with Jamie Dimon: Bloomberg

Ray Dalio on the Economy: Bloomberg

Jeff Ubben interview on CNBC: CNBC

Ackman's Valeant bet keeps getting worse: Bloomberg

The best predictor of election outcomes: Electionbettingodds

Michael Mauboussin on market inefficiencies: Latticework

Peter Thiel on China, Technology and Innovation: Bloomberg

A Roadmap of a world without cars: Medium

Invitation to the 2016 Yellow BRKers Party at the Berkshire Annual Meeting

Dear readers,

You are invited to an event I host every year during the Berkshire Hathaway Annual Meeting weekend.

The Yellow BRKers will be held Friday, April 29th, 2016 at the DoubleTree Hotel in Omaha, starting at 4:00 pm and you can linger until 7:00 pm. There will be a short program at approximately 5:30.

Yellow BRKers 2016 details:

The 2016 event will be held at the same time and location as in prior years.

Friday April 29th  from 4PM to 7PM

DoubleTree by Hilton Omaha Downtown
1616 Dodge Street
Omaha, NE 68102

You can find more information and register in advance here: www.yellowbrkers.com

$10 will be collected at the door to defray the costs of putting on this event.

I look forward to seeing many of you here again this year!

Alex Bossert

Compilation of Value Links From Around the Web: February Edition

Below is a compilation of the most interesting reading I've come across in the past few months: 

Warren Buffett and Berkshire:

A Survey of Berkshire Hathaway Operating Managers: Stanford

How Warren Buffett Got Rich: Business Insider

Warren Buffett interviewed by Yahoo Finance – thoughts on education, deficits, China etc: Yahoo Finance

Warren Buffett takes 8% stake in Seritage: WSJ

Warren Buffett shares his widom with business school classes: IT Business

Warren Buffett’s grandson seeks his own route to social change: New York Times

Howard Buffett is getting his hands dirty: Bloomberg

Bill and Melinda Gates:

Bill Gates – The 25 best books I read in 2015: Gates Notes

How Melinda Gates became the most powerful advocate for women and girls: Forbes

Charlie Munger:

How did Charlie Munger deal with adversity: 25IQ

Charlie Munger on Valeant: WSJ

Other:

Thoughts from Seth Klarman in Baupost’s letter to investors: Yahoo Finance

Larry Page at the Fortune Global Forum: Fortune

Peter Thiel at the DealBook Conference: Youtube

Gary Cohn of Goldman Sachs at the Dealbook conference: Youtube

Sell side report on Enron just before bankruptcy in 2011 (strong buy): Enron

Wells Fargo and the incredible predictability of deposit growth: Base Hit Investing

The unbelievable power of Amazon’s cloud: The Atlantic

General Motors is here to Stay: Barrons

CFA Society of Switzerland – Guy Spier, Vitaliy Katsenelson: Youtube

Invest For Kids Chicago – John Burbank, David Samra, Sam Zell etc: Marketfolly

Guy Spier on how lunch with Warren Buffett changed his life: The Observer

David Einhorn on why widely followed stocks get mispriced: Basehitinvesting

GMO quarterly letter – “Just How Bad is it?”: GMO

The top ten interviews by the Manual of Ideas: Manual of Ideas

Ira Sohn London Conference Notes: Marketfolly

Wilbur Ross on energy and high yield: ValueWalk

Howard Marks on oil: CNBC

ValueX book recommendations: Linkedin

Interview with Michael Burry: NY Magazine