Chart of the Week
Source: HowMuch
Books
Seeking Wisdom: From Darwin to Munger
by Peter Bevelin
Peter Bevelin begins his fascinating book with Confucius’ great wisdom: “A man who has committed a mistake and doesn’t correct it, is committing another mistake.” Seeking Wisdom is the result of Bevelin’s learning about attaining wisdom. His quest for wisdom originated partly from making mistakes himself and observing those of others but also from the philosophy of super-investor and Berkshire Hathaway Vice Chairman Charles Munger. In addition to naturalist Charles Darwin and Munger, Bevelin cites an encyclopedic range of thinkers: from first-century BCE Roman poet Publius Terentius to Mark Twain-from Albert Einstein to Richard Feynman-from 16th Century French essayist Michel de Montaigne to Berkshire Hathaway Chairman Warren Buffett.
Links
BlackRock’s Larry Fink Wants to Become the Next Warren Buffett (WSJ)
Bad at Market Predictions, Good at Investing (WSJ)
- Note this article’s subtitle: “Fund manager Chuck Akre says it isn’t buy-and-hold that propels Akre Focus Fund. He just finds ‘exceptional’ companies.” …sounds a lot like Buffett
The Graham-and-Doddsville Winter 2018 Newsletter (Columbia Business School)
Amazon, Berkshire Hathaway, & JPMorgan Enter the Insurance Space (Namely)
Why Competitive Advantages Die (Collaborative Fund)
Exit Interview: Mark Mobius on 30 Years of Emerging Markets (Barron’s)
5 Rules to Help Avoid Investing Disaster (Bloomberg)
Too Clever By Half (Epsilon Theory)
The Stock Market Works by Day, but It Loves the Night (NY Times)
What are you reading this weekend? Drop a link in the comments section below or shoot me an email.
