weighingmachine

"The Thief Collector" on Amazon. True story of uncovering the theft of a famous de Kooning painting, takes many unexpected twists and turns, from New Mexico across the world.

great to see that Todd Wenning has started a podcast https://www.flyoverstocks.com/p/building-the-next-generation-in-finance

2 Shane MacGowan documentaries "Crock of Gold: a few rounds with Shane MacGowan" on Hulu and "The Great Hunger: the Life and Songs of Shane MacGowan" from BBC4 on youtube

Helen Mirren deserves an award for Golda and her cigarette for best supporting actor. Set in 73 Yom Kippur war, unfortunately the events are still quite relevant.

USB A trading at $768 and paying 8.8% MTB-H trading at $22 and paying 6.2% TFC-R and TFC-O trading at $18 and $21 and yielding 6.4% and 6.2% A whole bunch north of 6% yields with double digit percent discounts to liquidation preference. Some smaller ones like KeyCorp, Associated Bancorp, Synovus paying north fo 7% still.

many of these listed here have preferreds priced under par and paying 7-8% yields

Katie Martin in the FT today - “Two years ago, to get a 5 per cent return, you literally had to look to lending to the government of Iraq. Now you get that on cash.” and "For the first time in roughly 25 years, we’re paid not to have a view,” Funniest bit “A year ago, I tried to make the acronym of choice Bonds — Buying Ordinary Notes and Debt Securities. Sadly, this failed. Too boring. But step forward Kevin Gordon, an analyst at Charles Schwab in New York who emailed to suggest Barbara — Bonds Are Really Back And Really Attractive. At a slight stretch to tap in to the zeitgeist, you can even bend this to Bonds Are Really Back In Earnest, or Barbie. This acronym has a chance of sticking. We can dream. In an ideal world, we would see Peter Oppenheimer, chief equity strategist at Goldman Sachs, opine on the matter, hitting the pop culture/markets nerd meme mother lode. https://archive.ph/ndU4v

https://www.pymnts.com/economy/2023/7-companies-declare-bankruptcy-over-weekend-in-15-year-record/ Bruce Richards https://youtu.be/fGfjEgS020E

Happy International Women's day, this book charts early in career women through to industry leaders, fund managers, and CEOs. Profiles include Monsoon Pabrai, Heather Brilliant (Diamond Hill, ex-M*), Jenn Cole, Jen Likander (Markel), Callie Haines (Brookfield), Lauren Templeton, Shilpa Andalkar (Ensemble), Perth Tolle (started her own ex-Russia, ex-China Emerging Markets fund based on liberty) and more. Review here https://rationalwalk.com/lighthouse-women-leading-the-way-in-finance/ Book here https://is.gd/35fOmp

anyone looking at these for the Sea Change? Keith Smith mentions Oaktree Specialty Lending, Ares, and some others https://twitter.com/Bonhoeffer_KDS/status/1578755183491747840?s=20&t=95Q7pTlqvcbUXBeisATctA

"Maxims for Thinking Analytically: The wisdom of legendary Harvard Professor Richard Zeckhauser" by Dan Levy "Investing in the Unknown and Unknowable" by Richard Zeckhauser https://scholar.harvard.edu/files/rzeckhauser/files/investing_in_unknown_and_unknowable.pdf

"The Bear" and "Welcome to Wrexham" both on Hulu. Though they are ostensibly set in a Chicago beef restaurant and a Welsh soccer team, they are both actually about value investing.

Two others on similar lines Barons of the Sea: And Their Race to Build the World's Fastest Clipper Ship https://www.amazon.com/Barons-Sea-Worlds-Fastest-Clipper/dp/1476745986/ref=sr_1_3?crid=2PIOMKP27CPL9 Architect of Prosperity: Sir John Cowperthwaite and the Making of Hong Kong https://www.amazon.com/Architect-Prosperity-John-Cowperthwaite-Making/dp/1907994696/ref=sr_1_10?crid=22M342D9H3N28

The Bureau on AMC Plus, great series on DGSE, the French CIA

Liberty Formula One - where Luxury meets streaming https://streamingjungle.substack.com/p/liberty-formula-1-where-luxury-meets

great book, one more to add on keys to entrepreneurial success that Joe mentioned: hire as many dyslexics as you can

Chapter excerpt available here, interview with Ian Cassel on getting started microcap investing https://www.valuewalk.com/interview-with-ian-cassel/

https://www.morningstar.com/articles/1074133/why-spacs-are-a-racket

"Grandparents enjoy the chance to pass their hard-won wisdom along to their grandchildren. They can also struggle to find a gift that is meaningful and long-lasting in a throw-away, fast-moving world. Bob and Barb, who are grandparents, conjured up an idea for a gift that would keep on giving: to inspire their grandchildren to take advantage of their youth and the power of compounding. They gave their grandchildren a copy of "Early Bird the Power of Investing Young" with a contract and $200 per year for investing. The agreement stipulated that after reading Early Bird, they were free to pick their own stocks as long as they communicated which stock they chose. We were excited to hear from them in 2017 when they gave their unique gift. We followed up with them this year to find out how it went. " https://lookoutinvestor.blogspot.com/2021/12/how-to-give-gift-of-financial.html

second edition out now includes foreword from Todd Wenning, it is written for young investors but works for really any age beginner investor, and 2nd edition adds some new intermediate chapters with poker champ Annie Duke on decision making, Ian Cassel on microcaps and Emily McCormick on bank investing. Among other things. https://www.amazon.com/Early-Bird-Power-Investing-Young/dp/1973235439/

Annual John Malone interview with David Faber, covers a lot of ground as usual including current strategies in streaming wars, Discovery and HBO Warner merger, international growth, and a lot more. https://www.cnbc.com/video/2021/11/18/watch-cnbcs-full-interview-with-liberty-media-chairman-john-malone.html

If you liked Shoe Dog, then this is an extremely good read on entrepreneurship, building a business from the ground up, what works (and doesn't work) in marketing (Brie Cheaper than Velveeta), the importance of product knowledge, labor relations (pay your people above market and avoid union squabbles) , demographics (20x increase in college educated people made for more adventurous shoppers), and a lot more. https://www.amazon.com/Becoming-Trader-Joe-Business-Still/dp/1400225434/ref=sr_1_1?dchild=1&keywords=becoming+trader+joe&qid=1631715154&sr=8-1