VV Reads, Vol. 45: Buffett as a (M)ad Man, Gates as a Trillionaire, Brexit, & Emerging Markets
Please check out The Ultimate Guide to Value Investing!
Books
Liar’s Poker: Rising Through the Wreckage on Wall Street
by Michael Lewis
The time was the 1980s. The place was Wall Street. The game was called Liar’s Poker. This wickedly funny book endures as the best record we have of those heady, frenzied years. In it Lewis describes his own rake’s progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor) to Big Swinging Dick, the most dangerous beast in the jungle, a bond salesman who could turn over millions of dollars’ worth of doubtful bonds with just one call.
Links
The Dhandho Investor with Mohnish Pabrai (The Investors Podcast)
Vanguard’s CEO on the Future of Investment Management (Knowledge @ Wharton)
Warren Buffett’s Brief Career as an Ad Man (WSJ)
More banks will announce Brexit relocation plans to Europe ‘within weeks’ (Business Insider)
Value Investor Interview: Kuntal Shah (Safal Niveshak)
Renowned value investor Francis Chou is willing to wait on a bargain (Canadian Business)
Bill Gates, trillionaire? Warren Buffett shows how it will happen (MarketWatch)
The Importance of Dodd-Frank, in 6 Charts (Center for American Progress)
Real bubble may be inflation expectations (The Salt Lake Tribune)
Why Emerging Markets Are Looking Better Than the USA (The Intelligent Investor) and Emerging Markets Brandish Bargain Label (WSJ)
What If Other Areas of Life Operated Like Wall Street? (A Wealth of Commonsense)
What are you reading this weekend? Drop a link in the comments section below or shoot me an email.
