Links - 11/11/2024
“A lot of the things that people waste time doing in business, they don’t have to do with us. I mean, there’s an awful lot of time spent in some businesses just preparing for committee meetings, and directors meetings, and all kinds of things like that, show-and-tell stuff. And none of that’s needed with us. We won’t go near them. And so, we really free them up to spend a hundred percent of the time thinking about what is good for the business over time.” —Warren Buffett (1995)
“Yeah. I think our chief contribution to the businesses we acquire is what we don’t do.” —Charlie Munger (1995)
Warren Buffett’s Apple share sales and cash pile spark intrigue over motives [H/T Linc] (LINK)
Does Warren Buffett Know Something That We Don’t? (LINK)
Billionaire Investor Howard Marks on Ownership vs. Debt | At Barron’s (video) (LINK)
Horizon Kinetics’ 3rd Quarter 2024 Commentary (PDF, Webinar)
What to Buy If the Election Has You Worrying About Inflation - by Jason Zweig (LINK)
The Investor’s Podcast: TIP674: Outperforming the Market, Managing Risk, & Market Inefficiencies w/ Andrew Brenton (LINK)
Richer, Wiser, Happier Podcast: Master of Change w/ Brad Stulberg (Video and Transcript, Podcast)
Investors’ Chronicle Podcast: Terry Smith on Nvidia, banks and the UK market (LINK)
The Rest Is History Podcast: America in '68: The Chicago Riots (Part 5) (LINK)
Short History Of... Podcast: The Lighthouse of Alexandria (LINK)
The Daily Stoic Podcast: Seneca On The Reasons For Withdrawing From The World (LINK)
“Kind words, kind looks, kind acts, and warm hand-shakes—these are means of grace when men in trouble are fighting their unseen battles.” —John Hall
“The smallest act of kindness is worth more than the greatest intention.” ―Kahlil Gibran
“Practice kindness all day to everybody and you will realize you’re already in heaven now.” ―Jack Kerouac
“Kindness is free.” —Dennis Hong