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4/4 Value approach still works, but strategy always changing, just like it did many times in Buffett's career.
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3/4 There are still other edges, but they're not easy for funds with impermanent capital. Reading "Moodys manuals" & 10Ks not enough anymore
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These days, LT success for funds trading in public securities means, at very least, strategy highly supplemented w tech or scuttlebutt.
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Quants Run WS Now: https://www.wsj.com/articles/the-quants-run-wall-street-now-1495389108 … Hard to have an edge in quant strategies, but its usage may become the “bar” for everyone else
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My favorite kind of "exercise". More gyms should be designed around it.https://twitter.com/artofmanliness/status/864893023523676162 …
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Max Olson Retweeted
there goes the inheritance.. :-Phttps://twitter.com/TheOnion/status/864949646648639492 …
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Great use of Musk's reputation, a little bit of $, and a lot of great marketing (white paint on the TBM!) to push an idea forward
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Good FAQ on a hugely challenging goal: https://www.boringcompany.com/faq Still skeptical abt final outcome, but even subgoals are worth effort
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Max Olson Retweeted
A accurate "reality check" on Silicon Valley from
@slatestarcodex. This accords with my own experience here.http://slatestarcodex.com/2017/05/11/silicon-valley-a-reality-check/ …Thanks. Twitter will use this to make your timeline better. Undo -
It's a lot more comfortable watching
#BRK2017 from my couch, but still wish I could have made it this year! Always more enjoyable in person.Thanks. Twitter will use this to make your timeline better. Undo -
Best to work on a real-world goal that's (perhaps unknowingly) FAR above current capabilities, and not give up. Hard, but will learn fast.https://twitter.com/paulg/status/855343017993043969 …
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Max Olson Retweeted
It's finally here: the full story on Neuralink. I knew the future would be nuts but this is a whole other level. http://waitbutwhy.com/2017/04/neuralink.html …pic.twitter.com/YVA6dLH8uY
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http://usafacts.org/
Always wanted something like this. Government itself should fund in the long-run, but it won't.Thanks. Twitter will use this to make your timeline better. Undo -
Was once kicked off Delta plane as I stood in aisle ready to sit. Didnt have assigned seat but still, how do they not know # of seats?
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1 day late here, but man, the
#united video is hard to watch. I've been "randomly" selected to be kicked out before (preboard) & it suckedThanks. Twitter will use this to make your timeline better. Undo -
Ages of founding fathers: https://allthingsliberty.com/2013/08/ages-of-revolution-how-old-1776/ …. Good organizations will have distributed age range (weighted to slightly younger on avg)
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Old age wisdom/experience can supplement youthful energy/naivety in problem solvinghttps://www.nytimes.com/2017/04/07/opinion/sunday/to-be-a-genius-think-like-a-94-year-old.html …
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Max Olson Retweeted
Building a company, regardless of scale or industry, is incredibly hard. Those who think otherwise are either fools or lack experience
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Max Olson Retweeted
Just released the 2016 edition of BRK Letters to Shareholders for Kindle: http://amzn.to/2o11QUV pic.twitter.com/Wer6021WHb
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