Thank you to Mark Chapman

Having Mark Chapman no longer be our auditor at Aquamarine Fund is quite a change for me and I’m very sorry to see him go. Mark, you were with me at critical moments in the development of Aquamarine Fund, and you also helped me to make some very important...

Video of Ramot Hashavim in 1948

I found this video.  It turns out that the Schloss family were neighbours of my grandparents, and that my father played with their son, Zosty.

Aquamarine Fund 2012 Partnership Meetings Presentation

Here is a link to the slides from my Partnership Presentations in London, Zurich and New York. Partner presentations final 2012 from Guy Spier   This was part of the Introductory Video Here is a video excerpt of the talk in...

Thanks to all paralympians and the paralympics London 2012

  I went for a run this morning.  I had some tendonitis, as well as some hip pain.  On another morning, I would have felt discouraged by the the vicissitudes of an aging body that does not respond the way it used to.       But today, I thought of all...

The Illusion of Choice.

This chart pretty much explains everything that one ever needed to know about Fast Moving Consumer Goods companies from an investor’s perspective: I am confident that if all an investor did was to own a portfolio of these stocks (other than Mars, which is not...

The libor Witch Hunt: Blog post and interview with CNBC

  Bankers are a hated breed right now, and some of the antipathy is justified I am sure.  But we do better as a society when we recognize that humans are humans, and it is systems and institutions that lead to bad behavior.  Let’s stop scapegoating...

Interview with the BBC

When I was in Istanbul, I was interviewed by the BBC World Service about lunch with Warren. Interview with the BBC World Service.

On Adversity

Adversity is when the rubber hits the road. It’s not how we behave in the good times that will determine how successful we are in life, but how we act in the bad times.

Bill O’Chee in India

In 2004 both Bill o’Chee and I travelled half way around the planet – he from Australia, and me from New York in order to hang out together…    

Reaction – A Conversation with Warren Buffett

Video of my conversation with Betty Liu of Bloomberg outside Smith and Wollensky.Ever since I joined Toastmasters, my ability to speak in front of various different kinds of audience has gotten a lot better.  In particular, I joined Pacers toastmasters, which...

Penal tour de France

You gotta love the French.  And, after all, why not if it is effective in rehabilitating the prisoners.