Read the full transcript of the meeting featuring Charlie Munger and Gerald Salzman.
Not only were readers of The Intelligent Investor blessed with a thick book written from the greatest financial mind of the time. They were blessed with Graham writing directly to the layman.
China’s leading online destination for cars is growing fast and drowning in cash. We discuss Autohome’s prospects for capital allocation and attempt a valuation of the business.
We walk through how to properly calculate and think about return on invested capital. And, most importantly, its pitfalls.
Junto turns 1 year old. This is the first annual letter on top of a peculiar year of 2020.
The small choices we make every day matter much more in the long run than we tend to think.
This book about tennis is not just about tennis.