Tuesday, March 7, 2017

Compilation of value links from around the web: March Edition

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

Warren Buffett: 

Warren Buffett interview in Fortune: Fortune
Tuck MBA students meet with Buffett: Tuck 
Wanted: Help handing out Warren Buffett’s fortune: Boston GlobeWarren Buffett Just Quietly Bought Up Another German Company: Fortune
Warren Buffett: Says US will do fine because we have the secret sauce: CNBC
‘Becoming Warren Buffett’ Goes Beyond a $74 Billion Fortune: NY Times
Buffett has bought $12 billion in stock since election: Bloomberg 
AIG to pay Berkshire $9.8 billion in commercial risk transfer: Bloomberg
Berkshire's Decker says Buffett can take his time with cash pile: Bloomberg
Why Berkshire is betting on airlines: Bloomberg 
Berkshire Hathaway portfolio changes in Q4: David Kass blog 
Becoming Warren Buffet, The man not the investor: New Yorker Three Ways Warren Buffett Is Not A Typical Billionaire: Forbes
Becoming Warren Buffett on HBO: Youtube
The Profitable Hobby of Warren Buffett: Future Asia
Buffett on CNBC February 27th: CNBC

Mohnish Pabrai:

The Dhandho Investor with Mohnish Pabrai: The Investors Podcast
Mohnish Pabrai on Donald Trump: Moneycontrol
Mohnish Pabrai Lecture at Boston College (Carroll School of Mgmt) - Nov 3, 2016: Youtube
Mohnish Pabrai's Approach To Beating The Market: Forbes 
Mohnish Pabrai lecture to the University of Puerto Rico MBA class on mental models: Chai with Pabrai 
The Dhandho Investor with Mohnish Pabrai: The Investors Podcast
Move Over Small Dogs Of The Dow, Here Come The Uber Cannibals: Forbes

Charlie Munger:

Charlie Munger's old Wesco Financial letters: Remembering the Obvious and My Investing Notebook
Charlie Munger Daily Journal Meeting replay: CNBC 
Charlie Munger gave Wells Fargo a vote of confidence: CNBC 
Video of the Daily Journal annual meeting: Youtube
Full transcript of the Daily Journal meeting: Latticework Investing 
Full transcript of the Daily Journal meeting: Dropbox
The Mind Of Munger: Berkshire's Vice Chairman Speaks On Wells Fargo, Trump And More: Bezinga 
Second handout from the Daily Journal meeting: Farnam Street Blog 
Handout from the Daily Journal meeting: Farnam Street Blog 
Charlie Munger on Getting Rich, Wisdom, Focus, Fake Knowledge and More: Farnam Street Blog
Charlie Munger answering questions after the Daily Journal meeting: Youtube 

Amazon/ retail:

Sears: Why the last big store must transform itself or die: Crains Chicago 1988
Amazon's next frontier is to conquer auto parts: NY Post
Amazon is eating the world: A Wealth of Common Sense
Importance of Knowing Your Investment Boundaries (Sears Mini-Case Study): Base Hit Investing

Bill Gates: 

Lunch with the FT: Bill Gates: Medium 
Bill Gates on Charlie Rose: Charlie Rose
Bill Gates and Warren Buffett at Columbia University - 27th Jan 2017: Value Investors World 

Seth Klarman:

Seth Klarman Weighs In on Trump: NY Times
Seth Klarman annual letter and comments on Trump: Business Insider 
World Energy Hits a Turning Point: Solar That's Cheaper Than Wind: Bloomberg
Steve Eisman thoughts on financials under Trump: CNBC
Bill and Melinda Gates foundation 2017 letter: Gates Notes

Investor letters: 

Greenlight Capital Q4 Letter: Scribd 
Howard Marks memo: Expert Opinion: Oaktree 
GMO Q4 2016 Letter: GMO 
Letters from top hedge fund managers: Reddit 
Baupost 2016 Letter: Link 


Guy Spier on Getrevue: Getrevue
Best books of 2016: Farnam Street
Sohn Conference Notes: Marketfolly
Howard Marks and Rajath Shourie: CAIA Australia: Youtube
Solar could beat coal to become the cheapest power on earth: Bloomberg
When do you average down?: Bronte Capital
Are you a giver or a taker?: Tedtalk 
Three minutes with Hans Rosling will change your mind about the world: Nature
The fourth industrial revolution: a primer on Artificial Intelligence (AI): Medium
China has built the world’s largest bullet-train network: Economist
2016 was the hottest year on record: Slate 
Inside a Miracle: The 1980 U.S. Hockey Team: Farnam Street Blog
Ed Thorp on NPR: Planet Money 
Kyle Bass: Short China, Long Russia 'Good Place to Start': Bloomberg 
Renowned value investor Francis Chou is willing to wait on a bargain: Canadian Business
How to Review a Proxy Statement: Rational Walk 
Steve Eisman: “They mistook leverage for genius”: Youtube
Oaktree's Howard Marks Is Cautious, But Still Investing: Youtube
Graham and Doddsville Winter Newsletter: Columbia 
Episode #39: Ed Thorp, “If You Bet Too Much, You’ll Almost Certainly Be Ruined”: Mebfaber
Elon Musk Is Really Boring: Bloomberg
China's artificial intelligence boom: The Atlantic 
Walter J Schloss - Ben Graham Centre Value Investing 2008: Youtube 
How to build wealth by copying other investors: Pabrai
Billionaire James Simons: Conquering Wall Street with Mathematics: Youtube