Bonus Content Archive

Stimulus Does Not Stimulate; EV and Battery Supply Chains; Uncertainty vs. Unpredictability; Exceptional Expectations: U.S. vs. Non-U.S. Equities; Why Rising Stocks Sometimes Reverse, Then Rally; Interview with Christian Klein, SAP CEO; “Is a Lack of Corporate Competition Stifling the U.S. Economy?”

Passive Aggressive; When Markets Meet Mercantilism; Interactive Brokers: Margin Masters; Understanding Return Expectations? [Part 1]; The Behavioural Economics of Executive Incentives; “View From The Top: Ken Griffin”; “It’s Affordability, Stupid”

The EV Shakeout; Rust Never Sleeps; Latitude Investment Management on Tesco; The Mag 7 becomes the Mid 7; Drawdowns and Recoveries; Interview with Debra Crew, Diageo CEO; “Midlife Crisis Mode”

Diversification vs. the Siren’s Song; Horizon Kinetics Q1 Commentary; Three Reasons We’re Overweight Japanese Equities; Don’t Blame the Middleman; Artificial Intelligence and its Implications for Electricity Systems; Just Inside the Zone; “We’re Still Learning from Silicon Valley Bank’s Collapse”; Interview with Tim O’Shaughnessy of Graham Holdings

The AI Boom vs. the Dot-Com Bubble; Trade: The Most Beautiful Word in the Dictionary; Third Avenue Value Q1 Commentary; Short Report on Clear Secure, Inc.; Are Delivery Apps Hurting Restaurants?; “Buffett and the Successor’s Curse”; “Navigating Market Chaos”; “How Speaking Slower Influences Consumer Behavior”

Why Tariffs Won’t Solve Our Trade Problem; Plan to Streamline Phillips 66; Mission Impossible; Are Global Markets Shifting?; The Research Behavior of Individual Investors; “In Defense of Cheap Things”; “The Power of Changing Your Mind”; “Wealth Building Behavioral Trait Holds Up”

Nobody Knows (Yet Again); Making the U.S. Exceptional, But Not in a Good Way; Jamie Dimon Shareholder Letter; The S&P 500 has Corrected, Now What?; Small Caps, Big Opportunities; Short Report on Monster Beverage; “Underestimating China”; Interview with Alphabet’s Ruth Porat

International Quality; Will the Magnificent 493 Please Stand Up?; Why We Mistrust Remitly; Probabilities and Payoffs; Past, Present, and Future of Modern Finance; Gambling Away Stability; “What Keeps Jamie Dimon Up at Night?”; “The Power of a Good Analogy”

Berkshire Hathaway 2024 Annual Letter; Historically Confident Investors, Historically Uncertain World; Beyond China; Why We’re Not All in on AI; Sentiment Analysis in AI-Rewritten SEC Filings; Nicolai Tangen Interview with Paul Singer; “Pure Independence”

Horizon Kinetics Q4 Commentary; The State of Video Gaming in 2025; Tweedy, Browne Q4 Commentary; How Directors Select a CEO; Interview: Robert Iger; “A Personal Note from Our Founder”; “Minimum Levels of Stress”

Third Avenue Value Q4 Commentary; Narrow Markets Are the Exception, Not the Rule; Gator Capital Q4 Letter; DeepSeek FAQ; Greenlight Capital Q4 Letter; Unlocking Hidden Value In a European E&P; “Warren Buffett’s Tab Card Triumph”; “Wealth or Inflation”

2035: An Allocator Looks Back Over the Last 10 Years; Third Point Q4 Letter; Intel’s Death and Potential Revival; Growth is from Mars, Value is from Venus; Still a Large Company Fund; “AI: Are You a Doomer, Gloomer, Zoomer, or Bloomer?”; “The Short Case for Nvidia Stock”

Certainties for an Uncertain World; Bargain, Value Trap or Something in Between?; On Bubble Watch; Charts From the Vault; Hindenburg Research on Carvana; Chris Davis Interview; Li Lu Interview on Charlie Munger