My twitter bio says "value investing & the humanities (esp Stoicism)" and I realize I have not made a single post on the humanities part so I thought a review of one of my favourite essays will be a good introduction. "On the Shortness of Life" is a moral essay by Seneca dated and addressed … Continue reading Seneca is Lindy.
I have not really followed the Brookfield story that much which is a shame because I'm located in Canada. It seems as though Bruce Flatt is taking on a more public persona. He recently gave a talk at Google. I have been going through the Austin Value's megadoc on Brookfield and it has been a good … Continue reading Brookfield Asset Management.
See here for Part 1 & here Part 2. So it's been a month since the "largest one day market cap loss in history" which is interesting because it feels like it was a year ago. The news cycle is so fast. Anyway, now the dust has settled I tried to consolidate my current thoughts … Continue reading Facebook Pt 3.
I sold out of my Fiat Chrysler (NYSE: FCAU) position this week (not investment advice obviously). I summarized my thinking in a response to a post by User DJETD1997 on the Corner of Berkshire & Fairfax forum's Fiat/Chrysler thread. See below (edited for clarity): His/Her post: Hey all: When I was a little kid, I … Continue reading Cars for Sale.
Been thinking a lot about the homebuilder NVR lately but realized most of my thoughts are not original. It is down about 26% (using Aug 8th 2018 close price) from its all time high. No extra points for originality in the investing game. I am not so arrogant as to believe I can generate every … Continue reading Laying the Foundation
Respond to questions from randoms like me!! Of course I am being facetious but I have gotten many more non responses from people of lesser stature. I sent a couple questions to Mark Leonard along with my presentation and he replied!!! Apparently this is much more common than you'd expect. The other questions should be … Continue reading What do billionaires do on weekends?
Hi folks, it has been a few months. I was busy with the CFA Level 3 exam. Hope I pass. As you see from the previous post, I am in full Mark Leonard groupie mode right now. Still though, one must beware of hero worship. Anyway, I gave a short presentation at an investment firm … Continue reading Constellation Software