Two letters Buffett reads

[netnet]

This article quotes Buffett as saying he reads Dimon's (JP Morgan) and Marks's (Oaktree) annual letters as soon as they come out.

 

Buffett told Bloomberg that "Jamie Dimon is a fabulous banker, and probably writes the best annual report in America; I grab his report when it comes in and my friends do, too..."

 

"When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something, and that goes double for his book," Buffett has said.

 

http://www.msnbc.msn.com/id/43726015/ns/business-motley_fool/

[Guest]

any of you guys looked at Oaktree's IPO?

[netnet]

 

When I hear how great value investors turn to each other for wise insight, I think of Napolean Hill and the Mastermind Alliance Princple.

 

Thanks for that point.

 

I have come upon Hill (relatively) late in life and like a great deal of it.