Bonus Content Archive

How To Lose Money Smelting Copper; Born to Run; Nonbank Growth Is Heavily Supported by Banks; Do Experts Know Better What They Do and Do Not Know?; Pattern Recognition and Public Markets; Is Influencer Marketing Worth It?; Master of Make-Believe

Is it Time to be Max Bullish?; Stock Market Concentration; Identifying Recovery Catalysts in China; The Shortseller Enrichment Commission?; Kenneth Griffin Interview; Manifestation of Earnings; Roger Federer Commencement Speech

The Future of Aging; Something’s Gotta Give; Hindenberg Short Report: Axos Financial; Corporate Mergers and Acquisitions Under Lender Scrutiny; John Elkann Interview; Sundar Pichai Interview; How a Pioneering Blackjack Master Beats the Odds of Aging

The Economics of Different; Executives vs. Chatbots; Evidence from Zero-Commission Trading; Barriers to Scale; Levi’s – On Revitalizing a Brand; Why Investors Throw Money at Eccentric CEOs; The 16 Worst-Paying College Majors

Learn from Last Tech Bubble to Embrace GenAI Mania; Valuation Multiples; A Very Long Hill; Brain Activity of Professional Investors Signals Stock Performance; The Bullish Energy Cycle; Thomas Peterffy Interview; 50 Quotes from Joel Tillinghast

Value Stocks: Cracking the Quality Code; The Indispensability of Risk; Research Report on Ashtead; Undateable; Five Myths About Generative AI That Leaders Should Know; Gartner: Compound Insights; Our Man in East Setauket

The Impact of Debt; Horizon Kinetics Q1 Letter; Massif Capital Q1 Letter; Timing Your Swing; Berkshire Hathaway Tribute to Charlie Munger; Berkshire After Buffett: Pulling the Insurance Strings; The Quality Anomaly; Graham & Doddsville Spring Issue

Third Point Q1 Letter; Third Avenue Value Q1 Letter; Don’t Cry For Me Argentina; Volatility Ahead?; David Einhorn at Sohn Conference; Establishing a Case for Emerging Managers; Charlie Munger’s Legacy; The Art of Compounding

Is ESG Good or Bad?; Short Report on UWM Holdings; India: Cyclical or Structural Opportunity?; A Deep Dive Into Chinese Industrial Production; Cost of Capital and Capital Allocation; Bill Ackman Podcast Interview; “They Are Very Comfortable Lying”; “How Successful People Think”

Where to Next for Generative AI?; Record Highs ... But We’re Still Excited; Oaktree Top Takeaways; How Stock Price Volatility Distorts Capital Allocation; Bruce Flatt Interview; Pick and Shovel Play for Life Sciences; Getting Into “The Zone” 

The Great Paradox; Avoiding Value Traps; U.S. Industrial Renaissance; Magnificently Concentrated; Equinix Exposed; “AI is Still Just Statistics”; “Easy Money Redux”

First Eagle Annual Letter; How To Avoid Another Lost Decade in Equities; The Blue and Yellow Can; Equity Dislocation; An Illusive Turnaround; Third Point Investor Letter; “How Nvidia is Powering the A.I. Revolution”; “The Hidden Costs of ‘Buy Now, Pay Later’”

Extending Time Horizons; Interview with Bill Nygren; Money; Drawdowns; Revealed Beliefs about Responsible Investing; The Behavioral Alpha Benchmark; “The Art of Negotiation”; “What is Common Sense”

Kopernick Global Year-End Letter; Greenlight Capital Q4 2023 Letter; Horizon Kinetics Q4 Commentary; Third Avenue Value Q4 Commentary; The Big Questions; Venture Predation; “How Much Is Your Favorite Free App Worth?”; “The Psychology of Hoarding”

Ten Surprises of 2023: Year End Review; Will We Do the Right Thing?; Indexing the Short Case; Emerging Markets 2024; “The Art of Looking Stupid”; "Pricing Without Mispricing"

The Weirdest Market Efficiency in the World; Year Ahead Outlook; Easy Money; Semiconductors, Real Estate and the Japanese Consumer; Leading Platform Companies are Thriving; Volatility Laundering; Contrarian Investing; Investing Skill vs. Luck

Oakmark Select Fund Q4 Letter; Oakmark International Fund Q4 Letter; Pattern Recognition; The Four 4s Behind the Opportunity in Japan; The Outlook for 2024-26; How AI-Powered Trading Could Hurt Price Formation; Andrew Brenton Interview; Annie Duke and Howard Marks