In the past I spent some time learning about horse racing. Why, you ask? Well, I read Victor Neiderhoffer’s book, the Education of a Speculator, and he talks about horse racing and what you can learn from it. So, I bought a bunch of books and started reading and studying. What you learn is psychology, […]
READ MOREThe Cat Piano
A very enjoyable animated short: The Cat Piano from PRA on Vimeo.
READ MOREUnion power in California
This is an excellent article explaining how California got into so much trouble and how unions and pension problems are the chief cause of the problems. Must read: California unions
READ MOREPabrai on Investing
I really enjoyed this long interview with Mohnish Pabrai and Steve Forbes: Mohnish Pabrai
READ MOREOn a Knife’s Edge
“The Greek tragedy of being unable to pay for the debt built up during the years of unprecedented low yields reads across to the rest of our governments all too well. The fact is most of us are living on the same knife edge.” Read here: Greece is not that different
READ MOREJim Chanos on Charlie Rose
Must watch interview from yesterday: Jim Chanos on Charlie Rose
READ MORE