Links - 09/09/2024
“I think I found really what I want to do—analyzing businesses, trying to understand the world, developing conviction, looking for places where the conventional wisdom is wrong. I love living in that world and I enjoy this. And so when something starts to go against us—we bought something and it’s down—I really enjoy that. Distinguishing between a mistake and an opportunity is where you make a lot of the money doing this. And I just really enjoy that. And I think a lot of people don’t. I think that they don’t like confronting their own mistakes…. I really value disconfirming evidence…. When things start to go against us, my intensity of desire to figure it out kicks in…. Identifying where we’re wrong, that’s where we work most intensely.” —Bryan Lawrence [Source]
Learning From Peter Keefe (LINK)
When Chasing More Dividends Leaves You With Less - by Jason Zweig (LINK)
One Bargain You Can’t Find at Costco Is Its Stock—Does That Matter? (LINK)
The Power of Expectations: Nvidia’s Earnings Report and Market Reaction! - by Aswath Damodaran (LINK)
Breaking Down OnlyFans’ Stunning Economics - by Matthew Ball (LINK)
How Eighty-One Dollars Made Lyndon Johnson (LINK)
Founders Podcast: #363 Li Lu and Charlie Munger and Warren Buffett (LINK)
My First Million Podcast: The Guy Who Studied Buffett for 25 Years [w/ Guy Spier] (Video, Podcast)
BG2 Podcast: Ep 15: Inside Diablo Canyon Nuclear Power Plant (Video, Podcast)
Odd Lots Podcast: US Trade Rep Katherine Tai Describes the New Era of Globalization (LINK)
Plain English Podcast: The Psychology of Conspiracy Theories (LINK)
Hidden Brain Podcast: You 2.0: Remember More, Forget Less (LINK)
Short History Of... Podcast: The Normans (LINK)
Why Do Apes Make Gestures? (LINK)
Should You Withdraw from Politics? Katharina Volk on Roman Epicureanism (video) (LINK)
“To travel hopefully is a better thing than to arrive, and the true success is to labor.” —Robert Louis Stevenson