Monthly Archives: September 2009

On Sept 8, 2009 Phil Terry interviewed Whitney Tilson. The focus is on Tilson’s understanding of Charlie Munger. This is the first of a 4 part series on that interview. Whitney Tilson is an influential investor. He is the founder … Continue reading →

Nassim Taleb is exceedingly anxious: he has a flight to catch, and is not calmed by assurances that in efficient Hong Kong, he will make it to the airport with plenty of time to spare. “I don’t want to cut … Continue reading →

October 2008 – October 2009 There's somethin' wrong with the world todayI don't know what it isSomething's wrong with our eyes We're seeing things in a different wayAnd God knows it ain't His It sure ain't no surprise We're livin' … Continue reading →

Source: FT The height of sentimentality about the financial crisis may have passed with the morbid first anniversary of the collapse of Lehman Brothers, but that does not mean we should stop reflecting on the worst financial calamity of our … Continue reading →

Warren Buffett has continuously given credit for his approach to stock investing to his mentor and friend, Ben Graham. To be more specific, Buffett points to Graham’s The Intelligent Investor, the book Buffett read in 1950, when he was 19-years … Continue reading →

Source: The Big Picture More in the Article

by John Paulos First, let me note that the hypothesis comes in various strengths, depending on what information is assumed to be reflected in the stock price. The weakest form maintains that all information about past market prices is already … Continue reading →

The theories of John Maynard Keynes have made a resounding comeback. But they, like a new book by his biographer Robert Skidelsky, leave much unresolved by N. Gregory Mankiw – WSJ John Maynard Keynes. The name, by itself, is something … Continue reading →

by Nadav Manham Fortune profiles Chris Flowers, one of the best-known private equity investors in financial services companies. My working hypothesis, as I try to expand my manager selection skills from stockpickers to other platforms like real estate investing and … Continue reading →

As the chart shows, most auto stocks are much higher and the BSE Auto index is 40% higher than where it was on 9 May 2008 and 25% higher than on 24 September 2007 The Sensex may be back to … Continue reading →