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Archives for November 2010
Favorite Rationalizations: Berkshire Shareholder Letter Highlights
The Banking Power Utility
Shaq Still Dominates around Basket (of fries)
Ackman's 3Q 2010 Letter
Berners-Lee: Facebook Could Fragment Web
Munger on Buying Gold
Buffett, Unplugged
Buffett on Bankers & Barbers: Berkshire Shareholder Letter Highlights
Berkshire Hathaway 3rd Quarter 2010 13F-HR
China's Stock Market
Grantham: High Growth Doesn't Equal High Returns
Fairholme Portfolio Update
Bogle: Professional Security Analysts
"Accounting" vs "Economic" Earnings: Berkshire Shareholder Letter Highlights
Thomas Edison on Gold
Deflation/Inflation & High Quality Businesses
Bogle on Financial Innovation
Short Sellers: "Don't Make Markets More Efficient"
Grantham on Gold: The "Faith-based Metal"
Google: A One-Trick Pony?
Bogle on Corporate Governance
Portfolio Theory & Diversification
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The Dividend Matters
Why dividends (especially when reinvested) are a much bigger deal than some realize... Reinvested dividends actually make up almost the enti...
High-Speed Trading & Quality Large Caps
In this Barron's interview , Morris Mark makes the following notable points: - High-speed traders pull out about $ 20 billion/year from...
Diageo Dividend Stock Analysis
Diageo's ( DEO ) brands include Johnnie Walker, Smirnoff, Baileys, Captain Morgan, JOse Cuervo, J&B Scotch, Tanqueray, and Guinness ...
Volatility Villains
This article , in the most recent issue of Barron's Magazine , says that "the biggest floating crap game" is run on Wall ...
Weitz: Undervalued Large Caps
From the Weitz Quarterly Letter : During the late 1990’s, large capitalization growth stocks—especially those with any connection to tech...
Bond Vigilantes
From a recent Wall Street Journal article : Remember the bond market vigilantes, that frightening band of financial marauders who once ...
Salesforce.com's Valuation
The list of stocks with price to earnings of 50x and higher has become pretty long. One example among many is Salesforce.com ( CRM ). The ma...
Klarman on Stocks
An excerpts from a Businessweek.com article on Seth Klarman: The problem, he said, is that except for a brief time in March 2009, "s...
The Gorilla Suit
Here are five behavioral impediments that contribute to bubbles repeatedly following the same path. By extension, I think it also helps expl...
Psychology of Human Misjudgment
This is from a talk given by Munger at Harvard in 1995 on the subject of human misjudgment and the system of psychology that Munger came u...
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2011
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2010
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Favorite Rationalizations: Berkshire Shareholder L...
The Banking Power Utility
Shaq Still Dominates around Basket (of fries)
Ackman's 3Q 2010 Letter
Berners-Lee: Facebook Could Fragment Web
Munger on Buying Gold
Buffett, Unplugged
Buffett on Bankers & Barbers: Berkshire Shareholde...
Berkshire Hathaway 3rd Quarter 2010 13F-HR
China's Stock Market
Grantham: High Growth Doesn't Equal High Returns
Fairholme Portfolio Update
Bogle: Professional Security Analysts
"Accounting" vs "Economic" Earnings: Berkshire Sha...
Thomas Edison on Gold
Deflation/Inflation & High Quality Businesses
Bogle on Financial Innovation
Short Sellers: "Don't Make Markets More Efficient"
Grantham on Gold: The "Faith-based Metal"
Google: A One-Trick Pony?
Bogle on Corporate Governance
Portfolio Theory & Diversification
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