Great post from Nils Herzing on visiting Monish Pabrai’s Investor day. Monish seems to like Fiat a lot.
Barry Ritholz interviews Jason Zweig (WSJ)
A very good post on why and how to adjust EM company valuations for foreign currency borrowing plus thoughts on Chinese Banks
Check out this Japan focused value investing blog with some very high quality content: Undervaluedjapan
MUST READ: Fascinating article on how Berkshire closed the Precision Castparts deal (hint: initiative seemed to have come from Todd) (h/t valueinvestingworld)
MUST READ: Latest Memo of Oaktree’s Howard Marks called “It’s not easy”