My key takeaways from BRK meeting http://pic.twitter.com/KU9quOzi12
— Devin Haran (@DevinHaran) May 3, 2016
Count on the desperate fool not the greater fool http://pic.twitter.com/HRma7UswBw
— Tejus Sawjiani (@tejus_sawjiani) May 3, 2016
The latest Graham & Doddsville newsletter has a great interview with John Phelan! https://t.co/K6BXmZfRGe
— Christian Ryther (@CurreenCR) May 2, 2016
Interview with deep value investor Jeroen Bos by @manualofideas https://t.co/SJHEIDqXpj http://pic.twitter.com/pJeK898Oim
— Ezra Crangle (@EzraCrangle) May 2, 2016
My father was working full-time when he started PhD study. It took him 6 years to finish, he was 66.
I love him for teaching me about grit.
— Vala Afshar (@ValaAfshar) May 2, 2016
"We want companies that do things 'for' their customers not 'to' their customers." – Tom Gayner HT @PetersMacGregor
— Bluegrass Capital (@BluegrassCap) May 1, 2016
Anyone who thinks you need "investments" to fund "innovation" is an empty suit B-School prof. Apple/FB/MSFT, etc. https://t.co/BXsScEOGzP
— NassimNicholasTaleb (@nntaleb) May 1, 2016
The Joys of Compounding (Source: Warren Buffett's Ground Rules) #warrenbuffett #investing #interest #compounding http://pic.twitter.com/4kSmMsvaFw
— Hurricane Capital (@HurriCap) April 29, 2016
Buffett's response to Ackman is A+. Not my issue. Good luck with Charlie, he may not respond, won't change his mind. http://pic.twitter.com/Kc0mUvO12f
— modest proposal (@modestproposal1) April 30, 2016
The last time Bill Ackman was asked to testify (2003 re: MBIA), he showed up at BRK meeting to ask a question. http://pic.twitter.com/FM1kPjSaNa
— Adam Welch (@WelchCapital) April 30, 2016
from a talk in the fall of 1999 https://t.co/J8Q7XFwMET http://pic.twitter.com/KalMvQnoWQ
— Jason Zweig (@jasonzweigwsj) April 27, 2016
Jim Chanos on betting against Wall Street | Podcasts | https://t.co/O6xyzVvAum https://t.co/hXSLc0prXY
— William Green (@williamgreen72) April 29, 2016
Charlie Munger on Capital Markets: http://pic.twitter.com/K6rWXnY9lV
— Devin Haran (@DevinHaran) April 28, 2016
Charlie Munger’s simple idea on how to succeed?
Don’t come in your own way. Don’t screw it up. http://pic.twitter.com/Jt8tjIT7ZP
— Value Invstr Journal (@VJ_Rabindranath) April 28, 2016
Dalio's Principles is a goldmine, definitely worth the occasional reread. Here he is on how we view mistakes: http://pic.twitter.com/jDX7cxRXpq
— Uncovering Value (@stockthoughts81) April 28, 2016
Concentrated Investing: Strategies of the World’s Greatest Value Investors https://t.co/9u5Ruum2rW http://pic.twitter.com/WKQ9sJNuVp
— Tobias Carlisle (@Greenbackd) April 27, 2016
Updated: Book Recommendations from Nassim Taleb https://t.co/zFPHtmJckp http://pic.twitter.com/EE5wqHnywT
— Shane Parrish (@farnamstreet) April 27, 2016
The Theory of Investment Value: Cash Earnings #investing #valueinvesting #cash #earnings http://pic.twitter.com/n3HS3yBviG
— Hurricane Capital (@HurriCap) April 27, 2016
Incredible that Michael Burry was talking about a "severe housing deflation and financial crisis" in 2003. http://pic.twitter.com/7p3nv9YRA1
— John Huber (@BaseHitInvestor) April 27, 2016
Constellation Software invested capital, ROIC, organic revenue growth http://pic.twitter.com/pxe3JYT3cq
— Bluegrass Capital (@BluegrassCap) April 27, 2016
The Theory of Investment Value: "Better treat intrinsic value as one thing, salability as another." #investing http://pic.twitter.com/wKSFzG8sOy
— Hurricane Capital (@HurriCap) April 26, 2016
Buffett Partnership returns. Beat the market every single year for 13 straight years http://pic.twitter.com/sZm9PG3Dse
— Ben Carlson (@awealthofcs) April 26, 2016
The Theory of Investment Value: Invested Assets vs. Cash Assets, and Where to Draw the Line #cash #assets #investing http://pic.twitter.com/oqIbTJ1Vjh
— Hurricane Capital (@HurriCap) April 25, 2016
Jim Chanos on idea generation/common themes in short selling. http://pic.twitter.com/jUvcdK4AQ3
— Adam Welch (@WelchCapital) April 25, 2016
If you want to be like Warren Buffett and Bill Gates, adopt their voracious reading habits https://t.co/GPn4mUqg9P via @qz
— Jason Zweig (@jasonzweigwsj) April 25, 2016
Easy to forget the quant meltdown of August 2007. Can't imagine how difficult this decision was by Cliff Asness. http://pic.twitter.com/tyCgDI4hY5
— Adam Welch (@WelchCapital) April 23, 2016
Jason Zweig in ch. 8 of TII: "…intelligent investing is about controlling the controllable." @jasonzweigwsj http://pic.twitter.com/jOB62uVSOg
— Hurricane Capital (@HurriCap) April 23, 2016
Moore’s Law…or conjecture, rather. Slowing down http://pic.twitter.com/wNAqfUPQgX
— Saj Karsan (@SajKarsan) April 21, 2016
We’re honored to be interviewed in new issue of @manualofideas. Good overview of our process. You should subscribe! https://t.co/4HmYBx0xJ2
— Intrinsic Investing (@IntrinsicInv) April 20, 2016
Rule #1: Don’t lose money.
Rule #2: Don’t forget rule # 1.
Rule #3: Haha good luck it’s actually way harder than that.— Morgan Housel (@TMFHousel) April 19, 2016
Someone saying “ethics is good for success” is missing the entire point of ethics.
— NassimNicholasTaleb (@nntaleb) April 19, 2016
Keynes on the duty of serious investors. http://pic.twitter.com/3jbUwanTrO
— Irrelevant Investor (@michaelbatnick) April 18, 2016
Katharine Graham off the bench as CEO after 20 years out of a job is pretty impressive http://pic.twitter.com/OFo2Z27o28
— Ben Carlson (@awealthofcs) April 19, 2016
Great selection here of Hedge Fund Letters To Investors – https://t.co/DRpv6xcJJD via @valuewalk
— William Green (@williamgreen72) April 17, 2016
Distinctions between strategic and tactical decisions https://t.co/dacbAQqRC7 #strategy #tactics #business #analysis http://pic.twitter.com/FsItBgtbsQ
— Hurricane Capital (@HurriCap) April 14, 2016
Lots of ideas. By the book. This one is for you, @manualofideas. #valueinvestors in Toronto. http://pic.twitter.com/dYSB2Ib5fy
— Mircea Baldean (@baldean) April 15, 2016
Mindfulness Dissolves Thoughts — Attention Is What’s Left Over – @jonkabatzinnhttps://t.co/3hy4dtHxJn. http://pic.twitter.com/knonS3eok4
— Anand (@anand1383) April 14, 2016
The Munger Operating System: How to Live a Life That Really Works https://t.co/uTVEA87gbi
— Shane Parrish (@farnamstreet) April 13, 2016
I really don't understand why people are always so confused by Fed policy. Seems pretty straightforward to me http://pic.twitter.com/Nyqb2nzRvg
— Ben Carlson (@awealthofcs) April 11, 2016
ICYMI: 16 Favorite Annual Letters from an Investor Who's Read More than 1000 https://t.co/ebmESSsNBy http://pic.twitter.com/GSATB2Kxty
— Jason Zweig (@jasonzweigwsj) April 11, 2016
Great advice on decision making from Bezos http://pic.twitter.com/FbYO91J05Z
— John Sheehan (@johnsheehan) April 8, 2016
16 Favorite Annual Letters from an Investor Who’s Read More Than 1,000 – MoneyBeat – WSJ https://t.co/e2Of518jmk
— Uncovering Value (@stockthoughts81) April 10, 2016
Warren & Charlie telling the public not to buy BRK.B shares on pg 1 of the prospectus in 1996 (via Semper Augustus). http://pic.twitter.com/NOmswU27Lt
— Adam Welch (@WelchCapital) April 9, 2016
Simple but not easy. Don't make it complicated but not easy. http://pic.twitter.com/nXrMJbzkmE
— Mungerisms (@mungerisms) April 6, 2016
ICYMI: Tooting my own horn @manualofideas about The Devil's Financial Dictionary (and more) https://t.co/GJiIjlmwvL http://pic.twitter.com/u1k9x3TB40
— Jason Zweig (@jasonzweigwsj) April 7, 2016
How To Legally Own Another Person https://t.co/sIWyPv54VR
— Evonomics (@EvonomicsMag) April 6, 2016
Why buying a company is better than starting one https://t.co/MF1a53kDEe
— Harvard Biz Review (@HarvardBiz) April 6, 2016
What Jeff Bezos is talking about here is the Babe Ruth Effect. https://t.co/JaZIJplp2j. H/t Brattle Street http://pic.twitter.com/rt8SN4TjdV
— Tren Griffin (@trengriffin) April 6, 2016
http://pic.twitter.com/7rhTAeGZKz
— StableInvestor.com (@StableInvestor) April 6, 2016
Buffett being asked about Apple, target of an activist investor to bring back shareholder value through buybacks. http://pic.twitter.com/5W8vREkBpd
— Value Propositions (@ValuePropp) April 5, 2016
Berkshire Hathaway directors were paid a *total* of $41,700 in 2015.
cc: the rest of Corporate America http://pic.twitter.com/yfwAd10JOl— Adam Welch (@WelchCapital) April 4, 2016
@stockthoughts81 Mecham's 2010 interview with the @manualofideas https://t.co/k4nvX0q7C4 http://pic.twitter.com/XMUNSRxzYe
— Uncovering Value (@stockthoughts81) April 5, 2016
"The world is awash with smart people. What’s in short supply is wise people." https://t.co/NXU04OQt7y http://pic.twitter.com/Koss0W7Zct
— Ben Carlson (@awealthofcs) April 4, 2016
Going to the #Fairfax annual meeting on April 14? Join us for the Toronto Value Investing dinner https://t.co/gw5bK6SR3O @manualofideas
— Mircea Baldean (@baldean) April 3, 2016
Summary: Anything that has an infinite (or “long”) shelf life (i.e. “sustainable”) falls under Precautionary Pple. http://pic.twitter.com/55pwCgaJM0
— NassimNicholasTaleb (@nntaleb) April 3, 2016
"All real-life rules have exceptions." Scott Fearon, who passed on $COST and $SBUX (after meeting w/ both) in 1992. http://pic.twitter.com/NCSxzbiTdC
— Adam Welch (@WelchCapital) April 2, 2016
Wonderful lessons from @manualofideas regard to finding the Hidden assets A new refreshing thought regards to Graham's principles . Loved it
— ragavendhra perumall (@ragavfiducia) April 2, 2016
@Sanjay__Bakshi if you haven't already seen, this is pretty interesting (somewhat covered in one of the chapters): https://t.co/qlfbS6oeOU
— Sanjeev Vaidyanathan (@sanhelmet) April 2, 2016
Great innovators procrastinate. They feel doubt and fear. They have bad ideas. My TED talk on #Originals: https://t.co/4m2Pn373tB
— Adam Grant (@AdamMGrant) April 1, 2016
Dividend Yield + Earnings Gowth = Investment Return (Source: The Little Book of Common Sense Investing) #bogle http://pic.twitter.com/kkNOGJ5xfd
— Hurricane Capital (@HurriCap) March 31, 2016
Wait. You're using VALEANT PHARMACEUTICALS as an example of why short-sellers need to be regulated more? lolololol http://pic.twitter.com/NnC4Txgz1m
— Luke Kawa (@LJKawa) March 30, 2016
The Permian continuing this performance would spell trouble for other basins and related investments.https://t.co/65v3e2WKJM
— (Plan Maestro) (@PlanMaestro) March 30, 2016
The "smart" money is at it again: chasing performance like dogs chasing parked cars https://t.co/vuqMKp2opF
— Jason Zweig (@jasonzweigwsj) March 30, 2016
Given Yellen speech anticipation I thought it could be useful to share @jasonzweigwsj's central bank definition. http://pic.twitter.com/bvFXEvzh1H
— Robin Wigglesworth (@RobinWigg) March 29, 2016
Shrimp: the seafood restaurants want to serve you http://pic.twitter.com/hf9YLU8Kob
— Saj Karsan (@SajKarsan) March 29, 2016
Looks like Ackman at least had a few valid insights on Valeant… #valeant #VRX https://t.co/rZkJs8iFLs http://pic.twitter.com/chQLsCjcqM
— Hurricane Capital (@HurriCap) March 29, 2016
Interesting anecdote on abolishing price targets from @mjmauboussin's book "More Than You Know." http://pic.twitter.com/pynnIzxOqI
— Adam Welch (@WelchCapital) March 27, 2016
Buffett on his research process before buying D&B in 1999/2000 (HT @Vintage_Value) #warrenbuffett #investing http://pic.twitter.com/qSyuanWemf
— Hurricane Capital (@HurriCap) March 27, 2016
Fun takeover game…what price should "Company A" (acquirer) offer for "Company T" (target)? Why? http://pic.twitter.com/bneYCc1ynz
— Adam Welch (@WelchCapital) March 27, 2016
@manualofideas wonderful road map to investing ! http://pic.twitter.com/Tk4Kh6ad1Z
— ragavendhra perumall (@ragavfiducia) March 28, 2016
Wonder what @alphaarchitect has to say about this… http://pic.twitter.com/0xwHhLfN6l
— Doctor Daniel Crosby (@danielcrosby) March 28, 2016
@ragavfiducia @manualofideas Its a superb book especially the middle chapters. Loved it
— Ashish Ajit Golechha (@golechhaashish) March 26, 2016
As much as Andy Grove drove others, he also surrounded himself with people who had high expectations of him https://t.co/Kxt5PLhnMV
— Harvard Biz Review (@HarvardBiz) March 24, 2016
February: Too many stocks are below their moving averages. Not good
March: Too many stocks are above their moving averages. Not good
— Ben Carlson (@awealthofcs) March 23, 2016
How many executives "buy in" to become management of a company, all in warrants that couldn't be hedged? $HHC http://pic.twitter.com/hBRiDM85ur
— Value Seeker (@Find_Me_Value) March 23, 2016
Stay detached from your stocks. http://pic.twitter.com/dvBIoTYTyy
— Value Propositions (@ValuePropp) March 23, 2016
I'd add a Shelby Davis insight from @manualofideas: avoid overleveraged companies because that's where the theft is. https://t.co/LzHgBvSbOE
— Ameet Rawtani (@arawtani) March 23, 2016
Seth Klarman interview on Value Investing, Philosophy and Margin of Safety #sethklarman #valueinvesting https://t.co/671jDqsusz
— Hurricane Capital (@HurriCap) March 22, 2016
"A Closer Look at Live Nation’s Acquisition Strategy" https://t.co/br0yfusMLU
— Activist Stocks (@activiststocks) March 22, 2016
The Best of Charlie Munger: 1994-2011 A collection of speeches, essays, and Wesco annual meeting notes #munger https://t.co/9rrIaJCEMS
— Hurricane Capital (@HurriCap) March 21, 2016
Reddit – Security Analysis: Investor Letters and Reports #reddit #securityanalysis #investing #shareholder #investor https://t.co/OHdogUa1HV
— Hurricane Capital (@HurriCap) March 21, 2016
Michael Burry circa June 2000: 29, married, living with parents, carrying $150k in student debt, launches hedge fund http://pic.twitter.com/oPWhLTfaXc
— Adam Welch (@WelchCapital) March 21, 2016
Mark Massey of AltaRock: the key to our success has to do with our love for the game. http://pic.twitter.com/m23Ic9Dzxd
— Adam Welch (@WelchCapital) March 19, 2016
Seth Klarman: "There is nothing esoteric about value investing." (Source: Margin of Safety) #sethklarman #investing http://pic.twitter.com/88O3k6r4ar
— Hurricane Capital (@HurriCap) March 19, 2016
I think those papers are from @manualofideas right? Todd Combs uses The Manual of Ideas newsletters? http://pic.twitter.com/J8nos01yDz
— Ben Graham (@MrGraham94) March 20, 2016
Great @manualofideas interview with Mark Massey of AltaRock (from 2014).https://t.co/yVG4rBARhw
— Adam Welch (@WelchCapital) March 19, 2016
Stan Druckenmiller: if you invest in the present, you're going to get run over. http://pic.twitter.com/cFigxiO2WM
— Adam Welch (@WelchCapital) March 18, 2016
The Economist | Russian foreign policy: A hollow superpower https://t.co/WEd3JRoI84
— Jonathan Chevreau (@JonChevreau) March 17, 2016
"What do you call a stock that's down 90%? A stock that was down 80% and then got cut in half." –David Einhorn, Savage.
— Tobias Carlisle (@Greenbackd) March 17, 2016
"Efficiency is doing things right: effectiveness is doing the right things." ―Peter Drucker #quote #peterdrucker http://pic.twitter.com/kNlzCd9y9C
— Hurricane Capital (@HurriCap) March 17, 2016
Bezos thoughts on AWS from 2014 shareholder letter http://pic.twitter.com/hjcYjx18ac
— Bluegrass Capital (@BluegrassCap) March 16, 2016
Check out Sanjay's bookshelf for a whole lot of great books. Miss out at your own risk. #books #investing #economics https://t.co/4o5N3tMTpJ
— Hurricane Capital (@HurriCap) March 16, 2016
Roll ups aren't really "supposed" to work that well. When they do, calls for additional scrutiny http://pic.twitter.com/eNeWVyBikk
— Uncovering Value (@stockthoughts81) March 16, 2016
Exhibit A in the Pershing Sq law suit: Ira Sohn presentation '15, says $VRX poss worth $618 b/c of "platform value." http://pic.twitter.com/YWp5lWPn8H
— J Pierpont Morgan (@pierpont_morgan) March 15, 2016
"Wisdom acquisition is a moral duty. It’s not something you do just to advance in life." ―Charlie Munger https://t.co/dmzO4xxMGR
— Hurricane Capital (@HurriCap) March 15, 2016
Your hardest-won and most deeply loved ideas will always be the hardest to get rid of. Explains "Science progresses one funeral at a time."
— Mungerisms (@mungerisms) March 14, 2016
This was very good. https://t.co/rL9AAcitOf
— Patrick OShaughnessy (@millennial_inv) March 14, 2016
The typical public company vs. the owner-operator #principal #agent #management #stewardship http://pic.twitter.com/wmoilU8nHq
— Hurricane Capital (@HurriCap) March 13, 2016
Reader:"I have read all your books. How do you recommend an average young man navigate the modern world? ".
Me:"Never ask a vague question".— NassimNicholasTaleb (@nntaleb) March 13, 2016
Reduce the Number of Decisions @GSpier– sounds simple but a powerful idea. https://t.co/ioP0ZLM7CC thanks @manualofideas
— Hari Ramachandra (@harirama) March 14, 2016