Mike's notes.
Sponsored by Greenhaven Road Capital, finding value off the beaten path. Michael Munger has a new book out, Tomorrow 3.0 and he’s talking to people like Russ Robert and groups at Duke about the ideas on those pages. In his walk through the economic woods, Munger found a Chesterton Fence and wonders if it’s falling… Continue reading Michael Munger
Supported by Greenhaven Road Capital, finding value off the beaten path. Unsurprisingly we’ve covered Munger before; using Damn Right (post), the 2017 Daily Journal Meeting, and using Tren Griffin’s Book (twice!). Today’s source is a 2017 conversation at the University of Michigan. My favorite quote was this: “I was not a courageous, adventuresome, admirable man. I… Continue reading Charlie Munger
Supported by Greenhaven Road Capital, finding value off the beaten path. We’ve already covered Tren Griffin’s book: Charlie Munger; The Complete Investor. That post was in the ‘dozen things’ format that Griffin uses at his site 25iq.com. To recap: Be inspired but don’t try to imitate Munger (or anyone). Work hard on simple things. Getting… Continue reading Griffin/ Munger 2
I finished Janet Lowe’s book, Damn Right about Charlie Munger with a fat stack of notecards on the book. That makes sense, I assumed, Munger has a lot to teach. Then I reread my first post on Charlie Munger and saw that there was little overlap. Few ideas from the first book I read about Munger was notable… Continue reading Charlie Munger 2
Michael Mauboussin joined Barry Ritholtz on the Masters in Business podcast and I loved every minute of it. Mauboussin is great, and I’ve taken notes on some of his other conversations; Michael Mauboussin with Shane Parrish and another with Michael Mauboussin and Ritholtz. I saw a lot of tweets about this interview and someone said that what… Continue reading Michael Mauboussin 3
Michael Covel (@Covel) joined Barry Ritholtz (@Ritholtz) to talk about trading, trending, and Thailand. Okay, not just Thailand,but it starts with ‘T’ and I’m a simple writer. Covel – and Ritholtz – fall into the category of “good talkers” and I listen to at least part of all of their podcasts. Get them together and… Continue reading Michael Covel
Tren Griffin has written a book, Charlie Munger: The Complete Investor. In it, Griffin breaks down what makes Munger – Warren Buffett’s partner at Berkshire Hathaway – Munger. It’s by no means complete, but it’s a good start. Griffin’s bibliography alone could fill the reading queue for a year, and Munger’s original writings go well… Continue reading A Dozen Things I’ve Learned from Tren Griffin and Charlie Munger.
Supported by Greenhaven Road Capital, finding value off the beaten path. The podcast with Bill Gurley and Patrick O’Shaughnessy about direct listings and initial public offerings was financially, technologically and psychologically interesting. I don’t know if Gurley’s emphasis is appropriate, but it’s clear what he needs to do, reframe the situation. Gurley and O’Shaughnessy expect that… Continue reading Bill Gurley
Supported by Greenhaven Road Capital, finding value off the beaten path. Tyler Cowen stopped by EconTalk (for the 11th time!) to talk about his book, Big Business: A Love Letter to an American Anti-Hero. The conversation with Russ Roberts circles the book in a way only Tyler Cowen can. The definition of polymath should be… Continue reading Tyler Cowen
Supported by Greenhaven Road Capital, finding value off the beaten path. Brent Beshore and the Adventur.es crew have a page on their website dedicated to Amazon, comparing the company to a gorilla and the Borg. They step cautiously around businesses that might enter that Seattle based gravitational field and that might pass the event horizon… Continue reading Adventures with Amazon
The Waiter's Pad 