Mark Leonard Letters
The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
amazon.com
I like acquisitions where the primary risk in each case is operational execution.
Brad Jacobs • How to Make a Few Billion Dollars
Seth A. Klarman remarks at MIT
valuehunter.files.wordpress.com
Each ran a highly decentralized organization; made at least one very large acquisition; developed unusual, cash flow–based metrics; and bought back a significant amount of stock. None paid meaningful dividends or provided Wall Street guidance. All received the same combination of derision, wonder, and skepticism from their peers and the business pr
... See more