kiwing100

FYI, Buffett going to be on CNBC at 0800 ET with Becky Quick.

FYI, headline on CNBC.

Liberty, Thank you very much for sharing this.

Reminder of another perspective on valuations - https://www.gurufocus.com/stock-market-valuations.php

http://undergroundvalue.blogspot.hk/2009/03/

For those of you who follow Howard Marks of Oaktree Capital https://www.fuw.ch/article/nobody-knows-what-will-happen/

Another link to a clip of the interview on Fox - http://video.foxbusiness.com/v/5558175682001/?#sp=show-clips

Link to interview with Bloomberg - https://www.bloomberg.com/news/videos/2017-08-30/warren-buffett-on-investments-and-income-inequality-video Link to interview with CNBC - https://www.cnbc.com/video/2017/08/30/warren-buffett-speaks-to-cnbc.html

Link to transcript http://www.cnbc.com/2017/02/27/billionaire-investor-warren-buffett-speaks-with-cnbcs-becky-quick-on-squawk-box.html

http://www.berkshirehathaway.com/letters/2016ltr.pdf

Jobyts - many thanks to you for sharing.

FYI, WEB on CNBC on Monday 27 Feb from 6.00am to 9.00am ET after release of BRK annual letter. Also there is an opportunity to submit your questions. To submit questions, use the hashtag #AskWarren on Twitter and Facebook. Viewers can also submit video questions by tweeting clips to @CNBC or sharing videos on Facebook using the #AskWarren. http://www.cnbc.com/2017/02/16/legendary-investor-warren-buffett-to-join-cnbcs-becky-quick-for-a-special-edition-of-squawk-box-on-monday-february-27-6am-9am-et.html

Is anyone else having difficulty accessing the full article?

See link for handout: https://www.dropbox.com/s/tfwhsgo6n45iasv/DJCO%202017.pdf?dl=0 Also, I came in late and wasn't able to grab the annual report. If someone has it, would you mind posting Munger's Chairman's Letter? Thanks. Poor Charlie, Thank you for posting the link to the document.

Thank you Schwab711 for sharing the links.

FYI, looks like it was streamed live by CNBC.com - available to CNBC.com pro subscribers only. Full replay available later - not sure if free to all or only available to CNBC.com pro subscribers. http://www.cnbc.com/2017/02/15/watch-live-charlie-munger-speaks-at-the-daily-journal-annual-meeting.html NOTE: The live stream has now ended...check back shortly for a full replay of this exclusive event.

Thank you for sharing the link to the video.

Links to Dear Fellow Shareholders - collection of letters by Martin Whitman https://mjwhitman.pressbooks.com/ https://mjwhitman.pressbooks.com/front-matter/introduction/ Table of contents o Important Information o Foreword o Introduction • The Roots o Equity Strategies Fund Proxy Vote o Equity Strategies Fund Investment Philosophy o Equity Strategies Fund Launches Third Avenue Funds o Inaugural Third Avenue Funds Letter to Shareholders • Investment Philosophy o Third Avenue Value Investment Philosophy o Third Avenue is Different o Consistent Performance and Averaging Down o Value Investing at Third Avenue o The Concept of Net-Nets o The Third Avenue Formula for Investing o Net-Nets on Steroids o Fundamental Finance o Third Avenue and the Efficient Market Hypothesis • Portfolio Management o Portfolio Diversification o Risk Arbitrage o Index Funds and the General Market o The Importance of Buying Cheap o The Moral Hazard Question o Third Avenue Value Fund Compared to Private Equity Funds o Risk from a Third Avenue Point of View o Securities Regulation, Disclosure and Third Avenue o Characteristics of Long-Term Investing o Thoughts on the Detroit Bailout o On Creditworthiness • Modern Security Analysis o The Unimportance, and the Importance, of Book Value o Third Avenue Approach to Valuation o Corporate Valuation o Role of Accounting in Security Analysis o Fair Disclosure o How Third Avenue uses Accounting Disclosures o Proposed Elimination of Double Taxation on Corporate Dividends o Reforming Generally Accepted Accounting Principles o So What Are Earnings, Anyway? o Conventional Security Analysts o Corporate Uses of Cash o Financial Accounting • Graham and Dodd Fundamentals o A Balanced Approach to Value Investing o Third Avenue vs. Graham and Dodd o Graham and Dodd and the Efficient Market o Graham and Dodd Revisited • Academic Finance o Modern Capital Theory and Fundamental Investing o The Third Avenue Approach vs. The Conventional Academic Approach o Third Avenue and the Efficient Market o Generally Accepted Accounting Principles and the Enron Mess o Reconciling Modern Capital Theory and Value Investing o Characteristics in Modern Capital Theory o Going Concerns and Investment Type Companies o Value Investing

Links to Dear Fellow Shareholders - collection of letters by Martin Whitman https://mjwhitman.pressbooks.com/ https://mjwhitman.pressbooks.com/front-matter/introduction/ Table of contents o Important Information o Foreword o Introduction • The Roots o Equity Strategies Fund Proxy Vote o Equity Strategies Fund Investment Philosophy o Equity Strategies Fund Launches Third Avenue Funds o Inaugural Third Avenue Funds Letter to Shareholders • Investment Philosophy o Third Avenue Value Investment Philosophy o Third Avenue is Different o Consistent Performance and Averaging Down o Value Investing at Third Avenue o The Concept of Net-Nets o The Third Avenue Formula for Investing o Net-Nets on Steroids o Fundamental Finance o Third Avenue and the Efficient Market Hypothesis • Portfolio Management o Portfolio Diversification o Risk Arbitrage o Index Funds and the General Market o The Importance of Buying Cheap o The Moral Hazard Question o Third Avenue Value Fund Compared to Private Equity Funds o Risk from a Third Avenue Point of View o Securities Regulation, Disclosure and Third Avenue o Characteristics of Long-Term Investing o Thoughts on the Detroit Bailout o On Creditworthiness • Modern Security Analysis o The Unimportance, and the Importance, of Book Value o Third Avenue Approach to Valuation o Corporate Valuation o Role of Accounting in Security Analysis o Fair Disclosure o How Third Avenue uses Accounting Disclosures o Proposed Elimination of Double Taxation on Corporate Dividends o Reforming Generally Accepted Accounting Principles o So What Are Earnings, Anyway? o Conventional Security Analysts o Corporate Uses of Cash o Financial Accounting • Graham and Dodd Fundamentals o A Balanced Approach to Value Investing o Third Avenue vs. Graham and Dodd o Graham and Dodd and the Efficient Market o Graham and Dodd Revisited • Academic Finance o Modern Capital Theory and Fundamental Investing o The Third Avenue Approach vs. The Conventional Academic Approach o Third Avenue and the Efficient Market o Generally Accepted Accounting Principles and the Enron Mess o Reconciling Modern Capital Theory and Value Investing o Characteristics in Modern Capital Theory o Going Concerns and Investment Type Companies o Value Investing

Book review https://www.santangelsreview.com/2014/04/28/book-review-and-lessons-from-dream-big-a-glimpse-inside-the-strategies-and-tactics-of-3g-capital/

In case you're interested, here is the interview by John Stumpf on Mad Money that Buffett was referring to.

Full interview in parts Part 1: http://money.cnn.com/2016/11/11/investing/warren-buffett-donald-trump-stock/ Part 2: http://money.cnn.com/2016/11/11/investing/warren-buffett-wells-fargo-scandal/ Part 3: http://money.cnn.com/2016/11/11/news/economy/warren-buffett-economy-income-inequality/index.html

The David Rubenstein Show: Warren Buffett http://bloom.bg/2fh8gYy

Latest memo from Oaktree Capital's Howard Marks - Political Reality, 17 Aug 2016 https://www.oaktreecapital.com/docs/default-source/memos/political-reality.pdf