Monthly Archives: September 2009

Whitney Tilson On Charlie Munger

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

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Black swan now elephant in the room

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

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Livin' on the Edge

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

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What did we really learn from the economic crisis?

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

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Making the Fluctuations Pay

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

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10 Year Asset Class Returns for U.S.

Source: The Big Picture More in the Article

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Mathematician Says All Investors Are Liars

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

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