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Innumerable ways exist to skim off values from within the financial system. Since brokers get a commission for each transaction, they can maximize their incomes by frequent trading on their accounts (a practice known as ‘churning’) no matter whether the trades add value to the account or not. High turnover on the stock exchange may simply reflect c
... See moreHarvey, David • B005x3sa74 Ebok
The Dragon’s Hoard One of the first things I noticed about Sam Bankman-Fried was how easy he was to steal from.
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
In our view, their intrinsic valuation is so uncertain that owning the shares is pure speculation.
Edward Chancellor • Capital Returns

24 takeaways from one of the world’s best investor few heard of - Shelby Cullom Davis (23% CAGR over 47 years) via “The Davis Dynasty” and many more…
1 | He started fairly late, and did it all with his own capital
Shelby Davis quits at age 38 in 1947 with $50,000 seed capital from his wife K... See more
The shepherd culture in the world is under threat,
Erling Kagge • Walking: One Step at a Time

The MARTIN ZWEIGS and CHARLIE D are classics
Book recommendation/educational primers are linked below 🤝🏻 https://t.co/BozoTVzMjg

David Greenspan, founder of Slate Path Capital, taught a class at Columbia Business School that saw many of today's top investors go through. We were fortunate to be a part of it. David published a book called BEETS that has become the unofficial handbook that all today's top l/s investors have read. Should be made required reading on par with Marg... See more