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My Teacher: Charlie Munger
Our friend Louis Lu Li penned a great article about what he learned from his teacher Charlie Munger, Vice Chairman of Berkshire Hathaway.
我的老师:查理•芒格
http://www.iceo.com.cn/ttiao/2010/0521/194188.shtml
Zenway Math: Amazing Results in Just 4 Months!
Can you add a number of 2-digit numbers in a flash like this 7-year-old girl?
In only 4 months, about 10 minutes of daily training, (we did skip many days), this 7-year-old surpassed her parents who used to be at the top of their classes in terms of mental math!
Zenway Math Workshop: From Math to Wealth™
Why mental math? Legendary financier Jim Rogers wrote to his young daughter: “Learn to do as much arithmetic and figures as possible in your head.
Hedge Fund manager Bill Ackman's bet against MBIA Inc
Recommended Book of the Week:
Hedge Fund manager Bill Ackman's bet against MBIA Inc.
http://astore.amazon.com/zw-20/detail/0470648279
Ackman’s Greatest Short Ever Told Began With Handshake Refused
How to Build a Virtual Organization
Great video for entrepreneurs! Successful CEOs discussing tips about building a great virtual organization. Source: http://www.biztechday.com/how-to-build-a-virtual-organization/
Julian Robertson: We're not out of the woods yet
Famed Hedge Fund Manager Julian Robertson of Tiger Management says we are not out of the woods yet because the U.S. is borrowing too much from the Chinese and the Japanese. But we can grow or save our way out of it. The inflation could hit 15% if the Chinese and the Japanese stopped lending money to the U.S. Most think China has to buy U.S. bonds to prevent global slowdown.
Warren Buffett Hopes the Market and Deficit Run-up Will Not Go on for Too Long
Warren Buffett's Latest interview with Fortune: Key Points:
Wary Investors Are Seeking Out Objective Voices
In the aftermath of the financial-market crisis, investors are leaving Wall Street to sign on with independent investment advisers. Last year, registered investment advisers brought in more than $108 billion of net new assets into the three largest custodians, according to Charles Schwab Corp., which holds roughly $500 billion in assets for such advisers.
Standford Lawyer Interviews Charlie Munger
Charles T. Munger is a man of many interests, much like his hero Benjamin Franklin. Self-taught in a range of disciplines, he's a strong advocate for interdisciplinary education saying, "If I can do it, many people can."
