Links - 03/31/2025

“Investors do not make mistakes, or bad mistakes, in buying good stocks as fair prices. They make their most serious mistakes by buying poor stocks, particularly the ones that are pushed for various reasons. And sometimes — in fact, very frequently — they make mistakes by buying good stocks in the upper reaches of a bull market.” —Ben Graham

---

Robert Robotti speaking at the Capstone Student Investment Conference 2025 (video) (LINK)

Has Warren Buffett’s ‘big’ mistake finally turned the corner? [H/T Linc] (LINK)

The Roundup: Top Takeaways from Oaktree’s Quarterly Letters – March 2025 Edition (LINK)

How to Make 267%—or Lose 90%—on Treasury Bonds - by Jason Zweig (LINK)

Economic Growth Now Depends on Electricity, Not Oil (LINK)

The AI Data-Center Boom Is Coming to America’s Heartland (LINK)

Modern Wisdom Podcast: #922 - Naval Ravikant - 44 Harsh Truths About Human Nature (Video, Podcast)

Kevin Mayer Weighs In On The Future Of College Sports, ESPN And Soaring Media Rights (video) (LINK)

Talking Billions Podcast: Quality, Trust, and Patience: Alex Morris on Buffett and Munger Unscripted (LINK)

Never Sell Podcast: Episode 4 - Adobe (LINK)

The Rest Is History Podcast: The Last Viking: The Saga of Harald Hardrada (Part 1) (LINK)

Short History Of... Podcast: The Tudors, Part 1 of 2 (LINK)

The Peter Attia Drive Podcast: Aging well: Peter shares strategies for improving longevity with residents at a senior living center (LINK)

Stoics vs. Skeptics vs. Epicureans | AA Long on Hellenistic Philosophy (Video, Podcast)

---

“There is always time to add a word, never to withdraw one.” —Baltasar Gracian

“He that speaks much, is much mistaken.” —Ben Franklin