…When men live by trade–with reason not force, as their final arbiter–it is the best product that wins, the best performance, the man of best judgment and high ability and the degree of a man’s productiveness is the degree of his reward. (Atlas Shrugged)
Below are links to Seth Klarman’s investor letters and appearances. I would try to study his philosophy, attitude, and approach to investing–see if you can integrate some of his approach to YOUR OWN methods.
New material from a reader (generous!) KLARMAN Response to Lowensteins Rational Investors found here:Graham Dodd Revisted by Lowenstein
A BLOG DEVOTED TO Klarman http://www.rbcpa.com/klarman.html
Upon returning from vacation, I have put off updating my valuation of Yamana. When there are fish, you must fish. I promise to have it posted by this weekend. I do recommend anyone who wants to hear a good management team explain their strategy for managing assets to listen to Yamana’s second quarter’s conference call:
Yamana Gold Inc_ Q2 2014 MDA Final (SEDAR)_v001_t1ii3h
Presentation: Q2 2014 – Conference Call Final
Asking a girl for her phone number