Bill Nygren and colleagues from Oakmark Funds give their assessment of the current stock market and reflect on developments in 2022 and 2023.
In keeping with tradition, Warren Buffett has written an interesting letter to his fellow investors in connection with Berkshire’s annual report.
In this interview, Howard Marks highlights the importance of emotional control and risk tolerance in investing.
In this article, Aswath Damodaran, Professor at NYU, discusses how we as investors can factor in the risk of catastrophic events for the companies we own or are considering adding to our portfolio.
Bill Ackman explains that we need to accept that high volatility is natural and that we should therefore develop a more hardened approach to investing.
Guy Spier talks about the concept of writing to yourself, reading slowly and investment concepts such as sample sizes.
Howard Marks explains that while he gives away many of his investment secrets, few investors will be able to implement them.
Mohnish Pabrais visits the London School of Economics where they discuss a wide range of topics from Seinfeld to Ferrari.
Davis Funds has just published their “Annual Review 2024” letter to shareholders, where they review the sectors and companies they believe have the greatest potential in 2024
ATP’s management team dives into the financial figures for 2023 and shares their assessment and expectations for the investment year 2024.
PFA’s Chief Investment Officer, Kasper Lorenzen, looks back on 2023 and looks positively at the opportunities in the coming year.
Thomas Shrager and colleagues at Tweedy, Browne provide an update on their portfolio and reflections on selected positions.
In an interview with Morningstar India, Mohnish Pabrai discusses Charlie Munger’s philosophy of focusing on continuous improvement and not dwelling on past performance.
NYU professor Aswath Damodaran assesses the reasons for the success of ‘The Magnificent Seven’ and provides a valuation of all seven companies.
Arman Gokgol-Kline and the investment team from Ruane Cunniff discuss their investment performance for 2023 and provide an update on Rolls Royce, Charles Schwab and a new position at Ashtead.
In his annual presentation to shareholders, Bill Ackman gives an overview of the fund, the investment strategy and the companies in the portfolio.
Kurt Kara and the team behind Maj Invest Value Aktier provide an update on the portfolio in their January 2024 update.
Counterpoint’s Michael Mauboussin has just released a new report reviewing five areas of micro and macroeconomics that drive increased returns.
In this interview with Wealthtrack, Matthew McLennan of First Eagle discusses the risks facing the markets.
In this article, AQR (Cliff Asness’ investment firm) updates their estimates of expected returns over the medium term (5 to 10 years) for major asset classes.
In the latest episode of The Knowledge Project, Shane Parrish sits down for an extensive interview with Tom Gayner, CEO of Markel and longtime friend and disciple of Charlie Munger.
In an interview with Morgan Stanley, Michael Mauboussin talks about a number of ways to remove emotion from investment decisions.
At the end of 2023, Mohnish Pabrai visited a number of universities where he discussed investing in Japanese companies and how to assess a company’s management.
Bill Nygren explains why it’s important to buy a stock at a discount to its intrinsic business value.
In this interview, Christopher Davis explains his process for analyzing companies and his owner-earnings based approach that led him to companies like Amazon when many value investors avoided them.
