Analysis
Buffett was particularly expansive regarding his processes and methods, and this alone makes this video worth the time (some 90 minutes). The fact that it was October 1998, a pivotal time in the dot-com boom and just after the LTCM imbroglio makes it even more interesting.
Looking at the world’s largest remittance players, it’s perhaps useful to use Moneygram – smaller, under-covered and nearly-bankrupt – to better understand Western Union.
In these excerpts of our Q3 2008 report, we discuss our use of the tried and true “roadmap” that our investment philosophy provides during even such periods of turmoil. In a nutshell, “In extreme situations, it makes all the difference to have very clear principles coupled with a simple, hands-on philosophy executed with discipline.”
David Einhorn of Greenlight Capital is a fixture of the NY Value Investing Congress – and it’s always useful to take some time to read his thoughts.
In this second post looking back to memorable moments in IP’s own letters to its shareholders, we continue to discuss our company’s “inner workings”. Again, the idea is to reveal as much as we can about the processes that should, over time, generate favorable outcomes for our investment ideas.
“Mobile is much more similar to search than a social network is… mobile actually monetizes quite well.” – Nick Fox, Director of Business Product Management for Ads Quality and Bidding at Google (good contender for “longest title ever” competition). That was on May 22nd, 2008, in Goldman Sachs’ 9th Annual Internet conference. We’ve been studying [...]
While the subject of Kas Thomas’ post is programming, the framework is more broadly applicable. The point is: beware of crutches, lest they cripple you.
Mr. Harquail is a Professor of Organizational Theory and a member of several editorial boards, therefore responsible for evaluating other people’s research. In this post, he’s frustrated at how artificially complex people try to make their work, and reminds us that a tool is meant for a PURPOSE and not for its own sake. He [...]