Links - 11/9/2020
“There's a saying...‘Take a simple idea and take it seriously.’ And I think that's a really important thing to keep in mind. And I think when you look at lots and lots of extremely successful people right at the pinnacle of their careers, when you break it down, that quote is at the epicenter of how they got there. Usually it's not something earth-shattering. Usually it's something very simple, but they were intense about it, and they were just fanatical about it. And that's usually the fanaticism and intensity around a simple idea that gets you to the promised land.” —Mohnish Pabrai
Warren Buffett’s Berkshire Hathaway bought back a record $9 billion in stock in the third quarter (LINK)
Value Investing: From Graham to Buffett and Beyond, 2nd Edition Companion Site [H/T @manualofideas] (LINK)
Related book: Value Investing: From Graham to Buffett and Beyond, 2nd Edition
Pfizer board member Scott Gottlieb: States will manage distribution of coronavirus vaccine (video) (LINK)
Walter Isaacson on being part of the Pfizer coronavirus vaccine trial (video) (LINK)
And updated list of 3rd Quarter 2020 investor letters (LINK)
A Viral Market Update XIV: A Wrap on the COVID market, premature or not! - by Aswath Damodaran (LINK)
Learning From Cornelius Vanderbilt (LINK)
The Transcript 11.09.20 (LINK)
The NFX Podcast: The Founders’ List: Bill Gate’s internal Microsoft Memo “The Internet Tidal Wave” (Famous Memos) (LINK) [You can also read the full memo HERE.]
This Week in Intelligent Investing Podcast: Equity Incentives and Long-Term Investing I Reverse DCF as an Analytical Tool (LINK)
The Market Huddle Podcast: Dumbest Man Alive (guest: Michael Green) (LINK)
EconTalk Podcast: Steven Levitt on Freakonomics and the State of Economics (LINK)
North Star Podcast: Kevin Kelly: Seeing the Future (LINK)
Pulling Our Politics Back from the Brink - by Evan Osnos (LINK) [Osnos was also on Ezra Klein’s podcast discussing his book on Joe Biden.]
5 Common Beliefs that Can Subtly Screw You Over - by Mark Manson (LINK)
Learning Through Play (LINK)
The intriguing maps that reveal alternate histories [H/T @wolfejosh] (LINK)
“The best way out is always through.” —Robert Frost