A write-up on Continental Materials Corp ($CUO) is now published! wp.me/paLu4w-bN

New books are often just a compilation of old books.

Buy when there's blood in the streets they say.... Anyone finding any interesting investment ideas in Hongkong atm?

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High conviction in individual ideas = a concentrated portfolio makes sense. High conviction in an overall investment strategy/style = a diversified portfolio makes sense. ➡️The best type of conviction is the one *you* can bear emotionally and financially over time (i.e. survive)

A write-up on Signaux Girod SA (GIRO) is now published! wp.me/paLu4w-dw

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An Analysis of “Benjamin Graham’s Net Current Asset Values: A Performance Update” - alphaarchitect.com/?p=49790 by g_merani. A deep dive into net-nets cc. Tobias Carlisle

A write-up on $SPRT is now published! wp.me/paLu4w-eu

Do not do things that you know are morally wrong. Not because someone is watching, but because you are. Self-esteem is just the reputation that you have with yourself. You will always know. —Naval Ravikant (Naval)

Buffett says, "Price is my diligence," by which he means:

The most important thing you can read today 📖