Links - 10/27/2022

“It does not matter how frequently something succeeds if failure is too costly to bear.” —Nassim Taleb

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GMO White Paper | Quality Time in Small Cap (LINK)

We believe a moment has arrived when long-term and short-term opportunities in quality small cap equity are finally aligned, when one can invest in high-quality small cap names at attractive valuations. At a time of heightened uncertainty for many risk assets, investors can confidently add small cap quality to their equity portfolios.

Earnings and Cash Flows: A Primer on Free Cash Flow - by Aswath Damodaran (LINK)

Meet the Bogleheads - by Jason Zweig (LINK)

The United States’ Unamendable Constitution - by Jill Lepore (LINK)

Are the Bond Vigilantes Back? (LINK)

Entering the Fall Conference '22: Fireside Chat with James Chanos (video) (LINK)

Chit Chat Money Podcast: Subsea 7 and a Lifetime of Value Investing with Bob Robotti (LINK)