A capital allocator’s culture Introduction In my first conversation with Guy Spier about writing a white paper, I mentioned to him that I have a list of individuals I thought of interviewing. “Do you have an opinion on which person I should interview?” I asked,...
FOREWORD I wrote this primer on the CRM software industry as part of an internship with Aquamarine Capital. I am not an industry expert, so think of this white paper as more of a conversation starter than my final word. If, after reading this, you have insights or...
The Future of Investment Research Learning in Public 30th June, 2021 The Future of Investment Research: Learning in Public There is a revolution happening in investment research. Twenty five years ago, only a minority practiced fundamental analysis. Staring at the...
Envy is Not the Worst. Of the Seven Deadly Sins, it’s the Most Auspicious. Warren Buffett and Charlie Munger are fond of saying that envy is the worst of the seven deadly sins – because, unlike the others it’s no fun at all. The response – from...
