Links - 02/05/2024
“The way you learn about businesses is by absorbing information about them, thinking, deciding what counts and what doesn’t count, relating one thing to another. And…that’s the job. And you can’t get that by looking at a bunch of little numbers on a chart bobbing up and down, or reading market commentary and periodicals or anything of the sort. That just won’t do it. You’ve got to understand the businesses. That’s where it all begins and ends.” —Warren Buffett (1996)
The Definitive Guide to the Berkshire AGM - by Steve Clapham (LINK)
Mohnish Pabrai’s Presentation and Q&A at Flame University on December 25, 2023 (video) (LINK)
Meta Platforms: Model Update (LINK)
Shari Redstone and David Ellison plot complex finale to Paramount family drama (LINK)
Ergodicity economics — a history (LINK)
