Charlie Munger
- Jason Zweig, “More than almost anyone I’ve ever known, Munger also possessed what philosophers call epistemic humility: a profound sense of how little anyone can know and how important it is to open and change your mind.” (wsj.com)
- Berkshire Hathaway ($BRK.A) shareholders need to closely contemplate a post-Buffett era. (morningstar.com)
- Some more Charlie Munger quotes including ‘In my whole life, I have known no wise people who didn’t read all the time — none, zero.’ (demystifyingmarkets.com)
- Charlie Munger’s greatest asset may have been a lifelong friendship. (om.co)
- The Charlie Munger manifesto. (safalniveshak.com)
Books
- A review of “The Missing Billionaires: A Guide to Better Financial Decisions” by Victor Haghani and James White. (capitalspectator.com)
- A review of Rob Copeland’s “The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend.” (valueandopportunity.com)
Fund management
- DFA’s push into ETFs has been more successful than even they expected. (etf.com)
- How much personal trading is too much for a mutual fund portfolio manager? (propublica.org)
- The Roundhill MEME ETF ($MEME) will liquidate next month. (marketwatch.com)
Economics
- Weekly initial unemployment claims continue to bounce along the bottom. (calculatedriskblog.com)
- Consumers powered through October. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Longform links: the first rule of compounding. (abnormalreturns.com)
- On the end of the influential The Reformed Broker blog. (abnormalreturns.com)
- What you may have missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: desired results. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
