Links - 12/17/2022
“The lack of skill that many CEOs have at capital allocation is no small matter: After ten years on the job, a CEO whose company annually retains earnings equal to 10% of net worth will have been responsible for the deployment of more than 60% of all the capital at work in the business.” —Warren Buffett
Capital Allocation: Results, Analysis, and Assessment - by Michael J. Mauboussin & Dan Callahan (LINK)
Get Think Tanked with Joel Greenblatt (video) [H/T Linc] (LINK)
Mirror, Mirror on the Wall, Who Knew That Stocks Would Fall? - by Jason Zweig (LINK)
Happy Holidays, Economic Nationalists - by Roger Lowenstein (LINK)
Prof G Markets: Robinhood’s Retirement Accounts and Disney’s Next Move — with Aswath Damodaran (LINK) [Damodaran enters at 13:33.]
Behind the Balance Sheet Podcast: Episode 17 - The Writer [w/ Vitaliy Katsenelson] (LINK)
Value Investing with Legends Podcast: Andrew Wellington & Dan Kaskawits - Finding the Gems Amid the Junk (LINK)
Freakonomics Radio Podcast: 526. Was Adam Smith Really a Right-Winger? (Part 2 of “In Search of the Real Adam Smith.”) (LINK)
Odd Lots Podcast: Younger and Menand Explain How We Got the Modern Banking System (LINK)
Forward Guidance Podcast: China’s Economic House Of Cards | Kyle Bass & Nick Glinsman (LINK)
The Jolly Swagman Podcast: #140: Rationality And Its Opposite — Steven Pinker (LINK)
The Rest Is History Podcast: 283. Ecuador: Darwin’s Adventure to the Galapagos (LINK)
The Rest Is History Podcast: 284. Denmark: The Great Escape (LINK)
In today's episode, Tom and Dominic look at the story of how the vast majority of Denmark's Jewish population survived the Second World War, with help from Swedish royalty, fishermen, and many more...
Is COVID a Common Cold Yet? (LINK)
“We judge ourselves by what we feel capable of doing, while others judge us by what we have already done.” —Henry Wadsworth Longfellow