Links - 11/14/2022
“There is a strong family resemblance about misdeeds, and if you have all details of a thousand at your finger ends, it is odd if you can’t unravel the thousand and first.” —Sherlock Holmes
François Rochon on the Richer, Wiser, Happier Podcast: (Podcast, Video and Transcript)
Related link: Letters to Giverny Capital partners
A Thousand Times (LINK)
Due diligence can be a fragile thing. Done correctly, it can be almost all that matters in finding profitable investment opportunities. Done incorrectly, it can feed the confirmation bias that makes it difficult to change one’s mind.
Roger Lowenstein on crypto and FTX (Part 1, Part 2)
[Note, if you haven’t signed up for Matt Levine’s “Money Stuff” newsletter, you are missing out, especially with all the recent crypto commentary, which he knows well after his massive profile of the space that came out a couple of weeks ago.]
Michael Lewis is reportedly writing a new book that just took an interesting turn (LINK)
Michael Lewis’ next book is about FTX founder Sam Bankman-Fried, and the best-selling author has been embedded with the disgraced crypto mogul for the past six months. That’s according to reporting from The Ankler on Sunday.
The $32 Billion Crypto Scammer - by Michael W. Green (LINK)
Who is Sam Bankman-Fried & What Happened at FTX | Marc Cohodes (audio) (LINK)
Narratives - by Ben Thompson (LINK)
Mohnish Pabrai's Presentation and Q&A at Boston College and Harvard Business School on Oct 27, 2022 (video) (LINK)
On The Other Side of Bubble Mountain (LINK)
Investing (and Life) Lessons from Li Lu (LINK)
The Role of Luck (LINK)
What You (Want to)* Want - by Paul Graham (LINK)
Charles Ellis on WealthTrack (video) (LINK)
Related book: Figuring It Out
The Beginning of the Fall of Crimea - by Peter Zeihan (video) (LINK)
Odd Lots Podcast: Guyana Is the Most Exciting Story in the World Oil Market (LINK)
Short History Of... Podcast: Vincent Van Gogh (LINK)
“My way of joking is to tell the truth. It’s the funniest joke in the world.” —George Bernard Shaw