In my book, the Education of a Value Investor, I write about my difficulties in getting to a zero management fee structure for my fund. Indeed, it was only my meeting with Mohnish Pabrai, and our subsequent lunch with Warren Buffett that properly set me on that path....
The Spill It was a cool morning on my second day of cycling in Flanders. I was on a dedicated cycling path, near to Kortrijk at the epicenter of the Spring Classic cycling races. Group photo the morning of the spill I had joined some club cyclists to ride some...
With Whom would I Invest? If I was not investing professionally myself, who would I hire to invest for me? Here are the criteria that I would use.1. They should be investing their own money2. It should be their primary or sole focus3. They should be in a position to...
A number of my friends have recently been dealing with adversity, and I had a long conversation today with someone on the topic. I promised to do a write-up of the resources that I mentioned in the call, and this is it. 1. Marcus Aurelius: This is the same dude who...