Links - 09/25/2023
“Most people are not cut out for value investing, because human nature shrinks from pain.” —Jean-Marie Eveillard
“In many instances, value investing proves fundamentally uncomfortable, as the most attractive opportunities frequently lurk in unattractive or even frightening places.” —David Swensen
An updated collection of Howard Marks memos, which includes his latest memo from a couple of weeks ago [H/T @AustinValue] (LINK)
The lesson in Rupert Murdoch’s retirement? Get ready for the 100-year-old CEO [H/T Linc] (LINK)
The Compound and Friends Podcast: Jeremy Grantham, Bubble Historian (Video, Podcast)
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