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Tuesday, April 16, 2019

Munger

 “You don’t have a lot of envy.

You don’t have a lot of resentment.
You don’t overspend your income.
You stay cheerful in spite of your troubles.
You deal with reliable people.
And you do what you’re supposed to do."

-Charlie Munger on the secrets to a happy life.

Monday, March 18, 2019

Lessons from Oregon

30 years of experience.

Only 18% of their funds are in top quartile.

3, 5 and ten year returns of PE trail public equity.

LBOs prior to 2006 were bought at discounts to public equity



Lessons from Oregon

Saturday, February 23, 2019

Buffett letter

http://www.berkshirehathaway.com/letters/2018ltr.pdf

Finally, the drug that keeps you young - MIT Technology Review

Finally, the drug that keeps you young - MIT Technology Review:



But we’re still going to die. I’ll remind you of the mouse models, where we eliminate senescent cells. There’s a significant increase in median life span, but there’s no increase in maximum life span. In a way, the mice died healthier.