Links - 03/07/2023
“The trick in risk management is in recognizing that normal is not a state of nature, but a state of transition and that trend is not destiny.” —Peter Bernstein
Berkshire Hathaway resumes Occidental purchases, stake reaches 22.2% (LINK)
Warren Buffett: Still Teaching After All These Years - by Jason Zweig (LINK)
Soft Landing: Berkshire Hathaway Completes 80% Acquisition of Pilot (LINK)
Could You Bear Being the Sidekick? (LINK)
Mohnish Pabrai’s Q&A session at the SumZero Top Stocks Investor Summit on February 9, 2023 (video) (LINK)
Shifts in the Economy are Triggering a Shake-Up in Real Assets (LINK)
The Memo by Howard Marks: The Rewind: Calling The Market (LINK)
Howard looks back on several memos he’s written near major turning points in the market over the last few decades, from the bursting of the dot-com bubble to the pandemic-driven crisis in early 2020. He considers what an investor should – and shouldn’t – focus on when making a market call.
Founders Podcast: #293 The Making of McDonald’s: The Autobiography of Ray Kroc (LINK)
Invest Like the Best Podcast: Trae Stephens - Find Good Quests (LINK)
Compounders Podcast: Building the Modern Payments Network for Truckers with Aaron Graft, Founder & CEO of Triumph Financial (LINK)
Investing by the Books Podcast: #42 Avner Mandelman: The Advanced Sleuth Investor (LINK)
The Daily Stoic Podcast: Marcus Had A Dream | The Most Life Changing Marcus Aurelius Quotes (LINK)
“Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present.” —Marcus Aurelius