A Reader’s Investment Process
Investment_Principles_and_Checklists_(Ordway) (EXCELLENT!) I hope readers are inspired to create their own like this gentleman. He synthesizes the best material from the great investors and then incorporates their principles into a checklist. This paper is also an excellent review of investment principles. Now the hard part is for YOU to CONSISTENTLY FOLLOW what you know you must do.
Good Reading for Value Investors
Quality of earnings: Earnings_Quality_–_Evidence_from_the_Field
Mark Seller’s Article on Becoming the NExt Buffett: So_You_Want_To_Be_The_Next_Warren_Buffett_–_How’s_Your_Writing_–Sellers24102004 Even the writer, Mark Sellers, who left the investment management business had trouble becoming the “next Buffett.” The volatility of owning one natural gas company help hasten his exit from the business.
A great blog post with links to Charlie Munger’s letters: http://rememberingtheobvious.wordpress.com/2012/08/03/charlie-mungers-wesco-letters-1983-2009/
Enjoy your weekend while I organize the VALUE VAULT.
I updated this post with a link to Munger’s SH Letters. When will all the great news, books and contributions stop!
By the time we learned everything it will stop..sooo never I hope:)
http://myinvestingnotebook.blogspot.be/2012/08/charlie-mungers-wesco-letters-1983-2009.html
The doc’s are showing as corrupt when I try to open them? John – can you check these links? Thanks
I tested the links from another computer. They seem to work–all of them.
Try again or email me one of the links you are having trouble with.
Mark Sellers sounds like a real hater in the article posted and this one too:
http://seekingalpha.com/article/99443-quitting-the-hedge-fund-game-mark-sellers