Links

Stephen Jarislowsky (Federal budget, markets and real estate)- Interview with BNN LINK

Rosenberg (Federal budget and real estate)- Interview BNN LINK 

James Montier – GMO – Six Impossible Things to Believe Before Breakfast LINK

Links

DISTURBING NEW FACTS ABOUT AMERICAN CAPITALISM – LINK

OAKTREE INSIGHTS – POWER OF CREDIT – LINK

THE MOST BROADLY OVERVALUED MOMENT IN MARKET HISTORY – LINK

 

Links of the Week

Bruce Lee’s Never Before Revealed Letters to Himself About Authenticity, Personal Development, and the Measure of Success LINK

Berkshire Hathaway – Shareholder Letter LINK

Biglari Holdings – Shareholder Letter LINK

Leucadia – Shareholder Letter LINK

Links for the Week

  • The Next Big Blue-Collar Job is Coding  LINK
  • The Most Powerful Mental Model for Identifying Stocks LINK
  • Bill and Melinda Gates Annual Letter (Foundation) LINK
  • How the Flash Crash Trader’s $50 Million Fortune Vanished LINK
  • Things That Don’t Make Sense LINK
  • Charlie Munger 2017 Daily Journal Annual Meeting Notes LINK
    • “You have to live with uncertainty – it’s not bad thing – who’d want to live in sameness? We may as well be dead.”
    • On spirituality: “Just because you don’t have a specific theology, and I don’t – when I learned about the talking snake in the Garden of Eden, I knew it was fake. I was young but didn’t believe the teacher at bible school and haven’t changed. That doesn’t mean I’m not spiritual; I just don’t need a talking snake to make me behave well. Rationality is a moral duty. Rationality is a moral duty. If you’re capable of being reasonable, it’s a moral failing not to be. We should all take this on even if we are a little stupid. Yes, we need a social safety net, too but not one as dumb as the one we have now.”
    • Capitalism is about being satisfied with less and acting with decency.

 

Links for the Week

Here’s what I found interesting around the web this week:

  • Ryan Holiday writes about how he influenced Milo and the alt-right and how you can stop playing into the tactics LINK
  • Klarman thoughts LINK
  • HBO’s Warren Buffett documentary  LINK
  • 10 Ways You Can Think and Succeed Like Charlie Munger LINK
  • The Fake News Problem LINK