Links - 4/26/2021
“The game in our kind of life is being able to recognize a good idea when...it rarely is presented to you. And I think that’s something you have to prepare for over a long period. What is the old saying? That opportunity comes to the prepared mind? And I don’t think you can teach people in two minutes how to have a prepared mind. But that’s the game.” —Charlie Munger
Capital Allocators Podcast: Brian Bares – Qualitative Concentration at BCM (LINK)
Ivey Business School: 2021 Virtual Value Investing Conference | Value Investor Panel: Evan Vanderveer (video) (LINK)
A Framework for Understanding Optionality (November 2020) (LINK) [Mentioned by Evan in the video above.]
Horizon Kinetics’ Q1 Report (Commentary, Podcast, Webinar)
Ivey Business School: 2021 Virtual Value Investing Conference | Keynote Speaker: James Grant (video) (LINK)
The Century Club - by Chris Mayer (LINK)
The Transcript 04.26.21 (LINK)
The Acquirers Podcast: Richer Wiser: William Green discusses great investors (LINK)
Related book: Richer, Wiser, Happier
Odd Lots Podcast: Why the Price of Lumber Has Soared Day After Day After Day (LINK)
The Meb Faber Show (podcast): #305 – Marc Faber, The Gloom, Boom & Doom Report (LINK)
Human Teeth Hold the Secrets of Ancient Plagues (LINK)
What ‘Taking the Pandemic Seriously’ Means Now - by Derek Thompson (LINK)
“Fortune does us neither good nor hurt; she only presents us the matter, and the seed, which our soul, more powerfully than she, turns and applies as she best pleases; being the sole cause and sovereign mistress of her own happy or unhappy condition.” —Michel de Montaigne (“The Complete Essays of Montaigne”)
“Fortune lashes and mangles us: well, let us endure it: it is not cruelty, it is a struggle, in which the oftener we engage the braver we shall become.” —Seneca (“Of Providence”)