value and opportunity

 

Highly recommended: JMX capital annual letter 2016

Lunch with the FT: Quant “godfather” Ed Thorp

Dan Loeb’s (Third Point) annual letter 2016 

What differentiates successful retail chains ? A focus on ROIC instead of EPS growth.

Long but very good read on the loss of manufacturing jobs, US vs. Germany and trade agreements

And of course: Charlie Rose interviews Bill Gates and Warren Buffett