Category Archives: What we read

Book review: “A Blueprint for Better Banking: Svenska Handelsbanken and a proven model for post-crash banking “

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The author of the book is Nils Kröner, a German who among others worked as consultant at McKinsey, at Barclays and for AKO capital before he became professor.

The book has been written following the big financial crisis and starts with a review about what went wrong in general.

Then he introduces the “7 deadly sins of banking” that contributed in his opinion to the banking crisis which are:

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Book review: Genentech – “The Beginnings of Biotech”

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As I currently own a 5% poisiton in  (special situation) Biotech company Actelion, I thought it makes sense trying to learn at least a little bit about Biotech.

By chance I came across the book “Genentech – The Beginnings of Biotech” which recounts the history of Genetech from the very early beginnings in the 1970s until the company went public in October 1980.

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Some links

Langfrist hosts a new interesting fund: Rubicon Stock Picker fund with their first 2016 annual letter describing their 3 largest positions in some detail (Eurotech, Max21, Songa Bulk)

Good collection of 2016 year end fund letters (Reddit)

Is there a huge fashion retail bubble in the US ?

Rob Vinall has posted some interesting Videos from his investor day a few weeks ago on Youtube

Chris Hohn (TCI) tries to kill the Safran/Zodiac take-over (presentation slides)

How stock investing looked in the 1950s with an appearance of Benjamin Graham (h/t Valueinvestingworld)

 

Some links

Before ultimate world domination, right now Uber seems to be in some deep trouble.

A good collection of Mungerisms by the always excellent Farnam Street blog

An epic 2016 letter from Semper Augustus with very interesting thoughts on profit margin mean reversion (h/t valueinvestingworld)

An interesting historical comparison of ship brokers Clarkson and Braemar

Joel Greenblatt interview on Wealth Track” ((h/t valueinvestingworld)

Tyler Cowen’s new book “The Complacent Class” looks very interesting

Some links (06/2017)

Charlie Munger speaks at the AGM of the Daily Journal

The “Becoming Warren Buffett” documentary (h/t Monevator)

Current trends in China (h/t marketfolly)

Great annual letter from Longcast Advisors

A great collection of spin-off reading material (Greenblatt, Munger, Klarman)

Google’s self driving car team already cashed out and left. Still no self driving cars on the road but fatal accidents are rising. I guess car insurance will stay for some time. (h/t Abnormal Returns)

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