Links - 01/27/2024
“Anyone who says businessmen deal only in facts, not fiction, has never read old five-year projections.” —Malcolm Forbes
“Usually, I don’t use formal projections. I don’t let people do them for me because I don’t like throwing up on the desk (laughter), but I see them made in a very foolish way all the time, and many people believe in them, no matter how foolish they are. It’s an effective sales technique in America to put a foolish projection on a desk.” —Charlie Munger (“Academic Economics: Strengths and Faults After Considering Interdisciplinary Needs”)
Endurance: The amazing story of Ernest Shackleton’s legendary voyage (LINK) [This is one of my all-time favorite books, and a great audiobook too.]
Matthew McLennan on WealthTrack (video) (LINK)
What I Learned When I Stopped Watching the Stock Market - by Jason Zweig (LINK)
Horizon Kinetics’ Q4 Portfolio Webinar Replay & Commentary (Commentary, Webinar)
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