Charlie Munger, Li Lu Interview: Rationality Is The Most Important Quality Investors Need

Hello 1, ​ please check out the top stories from ValueWalk below! = [Move Your IRA or 401(k) to Gold? This IRS Tax Law is Sweeping the U.S.](=) [Big Banks Don't Want You to Know About the Opportunity this IRS "Cheat Code" Unlocks... That Isn't Stopping it From Sweeping the U.S...](=) [Charlie Munger, Li Lu Interview: Rationality Is The Most Important Quality Investors Need]() This is the third part of a short series covering a rare interview with Chinese investor Li Lu and Charlie Munger. Part one of the series is here: Charlie Munger and Li Lu Rare Interview: What Makes Successful Investors And part two: Charlie Munger, Li Lu Interview: "If The Reality Changes, We Will Change As Well . […] [Interlink Is Shorting Casio Computer For Missing Smartwatches]( Most tech and market watchers are aware of what happened to Microsoft after it missed out on the smartphone trend, and now it seems another legacy tech name is being punished for missing the next big trend in computing. At the Sohn Hong Kong conference, Sean Debow of Interlink/Swiss-Asia said they're shorting Casio Computer because […] [Limiting Voting Rights Of Bond Holders With CDS Exposure Won’t Work Without Transparency, Says Legal Expert]() Corporate lending was at one point a staid and relatively low-risk endeavor. But concern is mounting as risk profiles soar on several levels. Q1 hedge fund letters, conference, scoops etc As Congress held hearings on leveraged corporate loans last week, Bank of America CEO Brian Monahan, one of the largest enablers of such lending . […] [4 Things You Don’t Want To See In Proxies]( PM Charlie Dreifus explains why investors should be wary of these four things in proxies. Q1 hedge fund letters, conference, scoops etc In proxies there's a lot to be gleaned. There's a lot to be gleaned, particularly post 2002, which was the era of Enron. We have Sarbanes-Oxley laws which require much more disclosure as […] [The Chewy IPO: Digging For Treats In SEC Filings](=) The Year of the IPO continues! We wrote about the parallels between Pinterest and early Facebook, we did an extensive Slack S-1 read-through, and we highlighted what Uber and Lyft are saying about autonomous vehicles in their filings. [CD Projekt – Reasonable Valuation Or The Largest Bubble In Central Europe?](=) Warsaw Stock Exchange (WSE) performance over the last several years has not brought anything special to investors. It can be said that it is at a similar level as 10 years ago. This is mainly due to fact that during this cycle capital has been focused mainly on U.S. market, bypassing emerging markets including Poland. […] [Financial Fraud Around The World](=) UC Berkeley hosted an intimate discussion in San Francisco of the critical issues, technologies, and policies that drive financial fraud around the world. Highlights Video: One day program in San Francisco where we discussed critical issues, technologies, and policies driving […] The post [Financial Fraud Around The World](=) appeared first on [ValueWalk](=). [The Golden Era For Multinationals Is Over-Now What?](=) U.S. multinationals have been at the forefront of the golden era of globalization, building out some of the most extensive supply chains in the world to their competitive advantage. However, the tide of globalization is in retreat, and the pendulum […] The post [The Golden Era For Multinationals Is Over-Now What?](=) appeared first on [ValueWalk](=). [Ghenghis John And The Ultimate Mental Model For Markets]( Revelation A loser is someone — individual or group — who cannot build snowmobiles when facing uncertainty and unpredictable change; Whereas, A winner is someone — individual or group — who can build snowmobiles and employ them in an appropriate fashion, when facing uncertainty and unpredictable change. Q1 hedge fund letters, conference, scoops etc [Trian Investors 1 Limited: Statement Regarding Investment In Ferguson plc]() LONDON--(BUSINESS WIRE)--The board of Trian Investors 1 Limited (the “Company”; LSE: TI1) today announces that funds managed by Trian Fund Management, L.P. and Trian Investors Management, LLC (collectively, “Trian”), including a fund managed by Trian in which the Company is the principal investor (the “Partnership”), have acquired in aggregate a 5.98% interest in the shares […] [Wall Street’s Endangered Species]( Twenty years ago in the spring of 1999, Piper Jaffray’s Daniel J. Donoghue, Michael R. Murphy and Mark Buckley*, produced a research report called Wall Street’s Endangered Species (incredibly, the link is still live 20 years later) that was hugely influential on my investment process. The thesis of the paper was that there were a […] [Meanwhile, Over On Planet Japan]() It was only a few days ago that the Japanese government’s Financial Services Agency published its oddly-titled “Annual Report on Ageing Society”. Q1 hedge fund letters, conference, scoops etc (Like everything in Japan, English translations often hilariously miss the mark…) This is a report that the Ministry of Finance puts out every year. And as […] [Investing In Companies With Recurring Revenue Streams](=) Chief Investment Strategist Leon Wilfan of Lahardan Financial discusses how Trump’s recent tariffs should affect investment strategies. In part, he recommends avoiding “typical cyclical companies, such as automotive and basic materials stocks,” and instead investing in companies “with recurring revenue […] The post [Investing In Companies With Recurring Revenue Streams](=) appeared first on [ValueWalk](=). [Performance of private companies vs. public markets in Q1]( The following is ValueWalk’s Q&A Session with Lincoln International discussing the performance of the private companies vs. public markets in first quarter and the rise of alternative investment funds. 1. Can you give us a little background on yourself? I […] The post [Performance of private companies vs. public markets in Q1]( appeared first on [ValueWalk](=). [Why Hedge Funds Must Embrace Branding To Convey Their Value Prop](=) Old Dogs Can (and Should) Learn New Tricks: Why hedge funds must embrace branding to convey their value prop As the famous saying goes, you can’t teach an old dog new tricks. At this point, the hedge fund industry should […] The post [Why Hedge Funds Must Embrace Branding To Convey Their Value Prop](=) appeared first on [ValueWalk](=). [The Warren Buffet Weed Play](=) 2018 was a wake up call for many investors. Pot stocks simply won't continue to go up based solely on the word "Marijuana". The reality is setting in and the name of the game is long term earning potential. One under-the-radar saw the writing on the wall years ago and quietly acquired a global empire built towards cash flow, but they won't be under the radar for long... [get your free report now.](=) (C) VALUEWALK LLC 2011-2019 [Unsubscribe]( | or [You can update email preferences and frequency here]() | 295 Madison Avenue 12th floor, New York, NY 10117