Links - 02/06/2023
“If you have doubts about something being into your circle of competence, it isn’t…. If you get to something that your friend is buying, or that everybody says a lot of money’s going to be made, and you’re not sure whether you understand it or not, you don’t. It’s better to be well within the circle than to be trying to tiptoe along the line.” —Warren Buffett
The Four Horsemen of the Tech Recession - by Ben Thompson (LINK)
Learning from Sun Tire’s Dick Erickson (LINK)
Managing Decline: Psychological and social factors complicate "cigar butt" investing (LINK)
Matthew McLennan on WealthTrack (Part 2) (video) (LINK)
Control, Complexity and Politics: Deconstructing the Adani Affair! - by Aswath Damodaran (LINK)
Was Tepper Wrong? Liquidity, Timing, and the Keynesian Beauty Contest (LINK)
The Forgotten Lessons of 2008: Seth Klarman [2010 Shareholder Letter excerpt] (LINK)
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