Why does the SEC want this? Who really wants it? “Only 4 hours of work” is BS. Another reason to run concentrated portfolios.
Private market assets under management totalled $13.1tn on June 30 last year, having grown at nearly 20 per cent a year since 2018. Most of
This is 68 pages of gogglygoook. But summed up… Google’s energy use is exploding. Google Chief Sustainability Officer Kate Brandt told The Associated Press news
Identify an underpriced public equity with some fixable issues. Buy the hell out of it. Install Board members to direct improvement, and as importantly, increase
Here we are in June, and things mostly continue on in a Newtonian fashion: “A stock at rest will remain at rest, and a stock
“I am open to the idea that the market is getting less efficient and that this has something to do with indexing. But if so,
I have clocked a lot of Smil on different topics. Thoughtful and obvious math on the carbon world. This is not political, it’s reality.
We do keep an eye out on all things roaming around the world, although a lot of them don’t turn up in portfolios. That said,
It might simply be wrong to infer any “corporate conduct” hurdles from someone who was simply born to be the grandson of Warren Buffet’s sister,
This is subtly very interesting when attempting to understand just how screwed up our healthcare system is. Investment and policy relevant. Like the Middle East
We will credit the Financial Times for this tidbit. Let’s assume a Chairman with a Forbes estimate of net worth north of $4 billion works
In a March 8th interview in the FT (which is behind the paywall, so I will summarize), Cliff Asness of AQR continues to lead the charge for why seven stocks won’t rule the world forever. And a few other non-original thoughts that are still worth repeating.
This is a former holding that we sold earlier this year (at a price higher than today) due to a complete lack of faith that
Even if one assumes this makes any sense, it will take a really long time to kill off the carbon transportation business.(Cars and Trucks) The
“Yeah, Whatever” shall be the annoying theme for the next few hundred words due to a recent and random listening of Liam Lynch’s 2002 important hit.
We “usually” hate corporate governance structures where there is unequal voting rights accorded to different share classes. And we are wary of “control” situations where
We read proxies. And 10-K’s. We generally are not a fan of floating assets. We are generally not a fan of voting controlled public companies.
Alex Karp, CEO of Palantir on CNBC this week: “I love burning the short sellers. Almost nothing makes a human happier than taking the lines
From a Mystery Q4 Earnings Call: I would also like to spend some time this morning reiterating and elaborating on XXX capital allocation priorities. First, our
Yes, it is easy to see how “older and crankier” develops when the nouveau twitter gushes over a Buffet aphorism that was seemingly revelatory in…1986?
Stop and Buy This Book: The Counting House by Gary Sernovitz
Liberty Trip filed to both “delist” to the pink sheets and move incorporation from Delaware to Nevada.
If your goal is to “pay attention to detail” and try to put some meat next to the headline potatoes, then Rob consistently presents logical
Yes, I broke my “Don’t do Podcast” rule from the enlightened height of our own self-interest. And it’s a classic example of the world in
We plucked this from a recent RFP we have seen for Smallcap Investing. First off, all hail the idea that someone is actually allocating money
