Some links
Don’s miss: 122 things you should know about investing from Morgan Housel
A great list of business/investment books from Farnam Street blog
Must Read: James Montier explaining why Shareholder Value is “The World’s dumbest idea”
Interesting panel discussion on Bershire Hathaway inculding Tom Russo and the CEO of See’s candy.
Review of an interesting book called “The Frackers”
A great TED Talk on “Leading like a great conductor” (by the way: There are a lot of great talks on the TED homepage, check it out)
value and opportunity 
James Montier explaining why Shareholder Value is “The World’s dumbest idea” is definitely a MUST READ.
Let me post here the conclusion, for those not reaching the end of the paper:
“Shareholder’s Lesson
Firstly, SVM has failed its namesakes: it has not delivered increased returns to shareholders in any meaningful way, and may actually have led to poorer corporate performance!
Corporate’s Lesson
Secondly, it suggests that management guru Peter Drucker was right back in 1973 when he suggested “The only valid purpose of a firm is to create a customer.” Only by focusing on being a good business are you likely to end up delivering decent returns to shareholders. Focusing on the latter as an objective can easily undermine the former. Concentrate on the former, and the latter will take care of itself.
As Keynes once put it, “Achieve immortality by accident, if at all.”
Everyone’s Lesson
Thirdly, we need to think about the broader impact of policies like SVM on the economy overall. Shareholders are but one very narrow group of our broader economic landscape. Yet by allowing companies to focus on them alone, we have potentially unleashed a number of ills upon ourselves. A broader perspective is called for. Customers, employees, and taxpayers should all be considered. Raising any one group to the exclusion of others is likely a path to disaster. Anyone for stakeholder capitalism?”
http://www.barelkarsan.com/2014/12/the-shareholder-value-myth.html