Saturday, 1 November 2014

Weekend links

As activist investors gain strength, boards surrender to demands (DealBook)

Bad loans climb at China's biggest banks (WSJ - China Real Time)

Bill Ackman and his hedge fund betting big (NYTimes)

Buffett's stock pickers are beating the market (Fortune)

Vanity Fair profile on Satya Nadella and Bill Gates

What will set Warren Buffett's company apart when he's gone (WSJ)

Books / Newsletters
Two excerpt chapters (Kyle Bass and Jim Chanos) from Steve Drobny's upcoming book titled "The new house of money". Highly recommend both interviews

Newest edition of CBS' G&D newsletter

Also, a recent interview with Arnold Van Den Berg in CBS' G&D newsletter. I've been reading a lot more about him and would encourage everyone to do so. He has built up a great record over his 40 year career as an investor and has a lot of wisdom to share besides investing

Interviews / Talks / Documentaries
Charlie Rose Interviews (i) Walter Isaacson (ii) Steve Ballmer (iii) Michael Lewis

David Einhorn short videos on CNBC

Talks at Google (i) Larry Cunningham on his most recent book on Berkshire (ii) Manual of Ideas presentation on how to find good investments

Traders: Millions by the minute (BBC documentary; part 1 is about professional traders/investors while part 2 is about non-professionals or people who are just starting out)

Investor letters
An investor I respect tremendously and follow, Claire Barnes' Apollo Asia Fund just released their Q3'14 letter to investors. Her website is worth going through as it has a great collection of articles and letters going back many years, essentially depicting the developments in Asian capital markets

Third Point's Q3'14 letter to investors