Sublime
An inspiration engine for ideas
In short, all of us in the industry made a fundamental underwriting mistake by focusing on experience, rather than exposure.”
William Green • Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life
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... See more
I respect the hell out of Jeff, but similar to what I said yesterday about Thoma Bravo I would not lose sleep at night if I was on the other side of the software trade against him.
They executed flawlessly against an opportunity they were early in. They are extremely talented and process driven. They are also highly... See more
Just Another Pod Guyx.com“My favourite book to recommend is The True Believers: Thoughts on the Nature of Mass Movements by Eric Hoffer. There is no discussion about investing, but in my opinion it is extremely helpful in understanding markets. It conveys the nature of human mass behaviour – how people act as a group”
- Joe Rosenberg, Loews... See more
MastersInvest.comx.com
The ultimate checklist for measuring the moat of a company.
by Michael Mauboussin. https://t.co/ttmJxz1iKj
first decision mistake: using experts instead of mathematical models.
Michael J. Mauboussin • Think Twice: Harnessing the Power of Counterintuition
The attraction to complexity is one of the most important mental frameworks and identifiers in private equity.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
The most important competency for a startup is the ability to identify undiscovered talent and to then have the conviction to bet on them with unreasonable responsibility.
Jack Altmanx.com– not to be a good academic, but to have a good, pragmatic grip on reality. He regularly explains to students which mental models have proven most useful to help him understand markets and human behaviour. He advocates looking out for the most powerful concepts in every discipline and to try to understand them so thoroughly that they become part of
... See more