Thoughts on the annual letter and a repurchase recap ...
A small consolation in a zero percent world
Financial independence is a means to an end, not an end in itself
Berkshire Hathaway to acquire Alleghany for $11.6 billion
It is difficult to know which companies to invest in at the ground floor, but what about investing once a clear trajectory is underway? Sometimes…
The Lords of Easy MoneyChristopher Leonard’s new book, The Lords of Easy Money, documents the increasingly unconventional monetary policy decisions made by the Federal…
Buffett and Munger hold court for five hours
Hindsight Bias, Amazon's Logistics, Pabrai's Evolution
The folly of following markets on a daily basis
"We try to be disciplined in the price we pay for ownership even in a demonstrably superior business. Even the world's greatest business is not a good…
Thoughts on rising mortgage rates and a selection of interesting articles
The importance of choosing your mental heuristics wisely