Tom Russo, Susan Decker, Lawrence Cunningham, and Brad Kinstler discuss Berkshire Hathaway at Stanford (video) [H/T ValueWalk] (LINK)
Related book: Berkshire Beyond BuffettMatthew McLennan on WealthTrack (video) [H/T ValueWalk] (LINK)
Inside Mark Zuckerberg's plan to get every human online (LINK)
Talks at Google: John Heins & Whitney Tilson: "The Art of Value Investing" (video) (LINK)
Hussman Weekly Market Comment: A Sensible Proposal and a New Adjective (LINK)
My impression is that the recent weakness in the equity market and the plunge in Treasury yields have not been “caused” by weakness in the energy market, but that all are joint symptoms of a synchronous downturn in global economic growth, most obvious in Japan and Europe, and increasingly developing in England, China, and elsewhere. It's a reasonable concern that this softening may include the U.S. economy. In U.S. data, we don’t observe much evidence of recession risks at present, but that evidence can emerge fairly rapidly. A large-scale credit event would obviously heighten our immediate economic concerns. We’re particularly attentive to clear upward pressure on credit spreads and risk premiums here.Ebola: An eyewitness account from Sierra Leone [H/T The Browser] (LINK)
Book of the day: Fast Forward: The Technologies and Companies Shaping Our Future