Vitaliy Katsenelson
The Conn’s Paradox, or the Synergy of Awful
I expected to see inverse synergy at Conn’s when we started analyzing it; after all, the company consists of two pretty awful businesses.
Beethoven’s Symphony No. 9
I wanted to share with you Beethoven’s Symphony No. 9. It is not a traditional symphony, because it uses voices in addition to instruments.
Me, My Boy and Warren Buffett
In my latest attempt to gently nudge Jonah’s direction in life, I am taking him to the Berkshire Hathaway annual meeting.
How Emotional Intelligence Can Make You a Better Investor
Investors enjoy the unique luxury of choosing problems that let them maximize the use of not just their IQ but also their EQ — emotional intelligence.
Unraveling the Mystery of Oil and the Swiss Franc
The collapse of oil prices and jump in the Swiss franc have forced me to puzzle over these weighty questions.
Cavalleria Rusticana
I wanted to share with you music that you may have heard in the movie Godfather. It is an opera by Pietro Mascagni called Cavalleria Rusticana.
The Return of the Violin
Over the weekend I watched the documentary The Return of the Violin, and it had a tremendous impact on me.
Buying Warren Buffett, Richard Branson and Steve Jobs at a Discount
What would you get if you crossed Warren Buffett, Richard Branson and Steve Jobs? Answer: Masayoshi Son, the Korean-Japanese, University of California, Berkeley–educated founder of one of Japan’s most successful companies, SoftBank Corp.
Bad News at Tesco Could Be Good News for Investors
Although Tesco’s business is doing worse today than it was even six months ago, things are not as bad as you’d infer from the stock price or from reading the financial press.
Great Conductors
On Saturday I was browsing TED talks and stumbled on this incredible talk by Itay Talgam, “Lead like the great conductors.”
Putin’s World: Why Russia’s Showdown with the West Will Worsen
I was perplexed by how the Russian people could possibly support and not be outraged by Russia’s invasion of Ukraine.
Investment Lessons Learned from the Poker Table
“I don’t know.” These three words don’t inspire a lot of confidence in the messenger and probably will not get me invited onto CNBC, but that is exactly what I think about the topic I am about to discuss.
Rhapsody on a Theme of Paganini
I want to share with you Rachmaninoff’s “Rhapsody on a Theme of Paganini.” Niccolo Paganini, Italian violin virtuoso and composer, wrote 24 capriccios for violin.
Macbeth
Today I wanted to share with you aria from Giuseppe Verdi’s Macbeth. I saw this opera for the first time with my wife on one of our first dates.
Rach 3 and I
The first time I heard Rachmaninoff's Concerto No. 3 for Piano and Orchestra was several years ago, but I remember it as if it were yesterday.
Making Money by Agreeing to Disagree
It is very comfortable and enjoyable to own a company everyone loves. You can brag about it to your neighbor, bring it up at social gatherings.
My Robin Williams Story
I was showing my eight-year-old daughter, Hannah, who Robin Williams was. She knew him as the voice of Ramon in Happy Feet but had never seen his movies.
Netrebko & Garanca
An aria from opera Lakme by French composer Leo Delibes. It is sung by two of my favorite sopranos Anna Netrebko from Russia and Elina Garanca from Latvia.
To Infinity and Beyond? Don’t Be Surprised If the U.S. Stock Market Cracks
In 1986 Jeremy Grantham started to warn his firm’s clients about the eventual bursting of the Japanese stock bubble.
Our Trip to Santa Fe
Last year we created a new tradition – Boys’ Culture Trip. Grandfather, father, and grandson Jonah drive to Santa Fe.
The True Value of Macro Forecasting
How much time a value investor should spend on macro forecasting? Usually macro forecasting is frowned upon in the value investing community.
