Safal Niveshak starts a newsletter, Value Investing Almanack, and is giving the first issue away for free (LINK)
Even Berkshire's Boardroom Ties Can't Prevent the Costco-AmEx Divorce (LINK)
Treasure Island: Puerto Rico Bids To Become New Age Tax Haven [H/T Matt] (LINK)
As the U.S. Treasury Department continues to tighten its noose around offshore accounts, a new tax haven has sprung up under its nose in the Caribbean. Welcome to Puerto Rico–island of tropical breezes, and (for new arrivals only) a 0% tax rate on certain dividends, interest and capital gains.
Janitor to Multimillionaire? Not In This Market (LINK)
Quant Guru Ray Dalio Talks Up Risk Of Ruin At Bill Ackman's Stock Picking Summit (LINK)
The Brooklyn Investor discusses the Loews 4Q 2014 Conference Call (LINK)
Chris Pavese: Are You Smarter Than a 7th Grader? (LINK)
My wife’s 7th grade class is currently learning about percentage change so the math teacher at Jacob’s Fork Middle School has the students following stocks to demonstrate rates of return. She asked me to come in this week and give a presentation to the kids about investing in the stock market. This was probably the most challenging presentation I’ve ever done. But definitely the most fun!
Our presentation is embedded below. Links to each video are included in the speaker notes (it’s the only way I could figure out how to include both).
This Company Eliminated E-mail…and Nothing Bad Happened (LINK)
TED Talk - Michael Dickinson: How a fly flies (LINK)
Bob Simons' Final Broadcast on 60 Minutes: ZMapp and the fight against Ebola (video) (LINK)
"We're emphasizing the knowable by predicting how certain people and companies will swim against the current. We're not predicting the fluctuation in the current." -Charlie Munger