A couple of interesting Bloomberg links for readers this morning.
First, the recommended Open Exchange program (weekday mornings 8am PST) interviewed one of my favorite money managers, Mohnish Pabrai. I caught most of the program but missed the beginning. I will probably go back and listen to it today as I am curious if [...]
In the comments section at SeekingAlpha of my latest post on PWE, I mentioned part of the frustration of holding PWE was missing out on this huge run-up in energy prices. Here’s an excerpt (complete with chart):
AUTHOR: Mohnish Pabrai
RATING: 8.5 of 10
REVIEW by Davy Bui 06/15/2007
Select Highlights
Very good look at risk as permanent capital loss in the context of time opportunity cost, which I haven’t seen in other books
Organic use of “latticework” models to view investing from different perspectives, including even mythology as a way to illustrate investing concepts
[...]
The title of this post is taken from the famous quote by Albert Einstein and that principle is one I’ve always tried to live by. I think it ties in with an article by James Altucher published in the Financial Times a few months back about the usefulness (or lack thereof) of college. [...]
As much as I’d love to tackle the infighting among the Democrats, I’m actually referring to the divergence among some prominent value investors. Whitney Tilson, of T2 Partners / Value Investing Insight / the Value Investing Congress / Financial Times, posted a piece on Seeking Alpha about a possible dead-cat bounce in financials. [...]
Maybe so, according to Steven Sears of Barron’s. He put out a piece last week on options strategies and how retail investors can be duped into risky strategies by shucksters. One of the strategies he implicitly poo-poohs is selling naked puts:
“It gets better. He said he even heard one claim a few years ago [...]
