Links - 01/08/2024
“You must buy on the way down. There is far more volume on the way down than on the way back up, and far less competition among buyers. It is almost always better to be too early than too late, but you must be prepared for price markdowns on what you buy.” —Seth Klarman
Berkshire Hathaway settles suit with Haslam family over truck-stop company (LINK)
Wang Chuanfu, the driving force behind BYD’s rise (LINK)
Hibbett - an informal stock note - by John Hempton (LINK)
Data Update 1 for 2024: The Data Speaks, but what is it saying? - by Aswath Damodaran (LINK)
What Investment Pros Are Mulling In 2024 - by Steve Clapham (LINK)
Interview with David Kim a.k.a. Scuttleblurb (2024 Edition) (LINK)
Permanent Equity’s 2023 Annual Letter (LINK)
Richer, Wiser, Happier Podcast: Optimal Performance w/ Daniel Goleman (Video and Transcript, Podcast)
Masters in Business Podcast: Matt Levine on Money and Stuff (LINK)
People I (Mostly) Admire Podcast: 122. Arnold Schwarzenegger Has Some Advice for You (LINK)
The Rest Is History Podcast: 406. The Nazis in Power: Hitler’s Road to War (LINK)
Huberman Lab Podcast: How to Prevent & Treat Colds & Flu (LINK)
“It is neither wealth nor splendor, but tranquility and occupation which give happiness.” —Thomas Jefferson