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Renaissance Vs GS
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Charlie Munger on India
Source: Vijay Pahwa
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Linkfest: December 22, 2017
Some stuff I am reading today morning:
Aviation stocks soar (BL)
Stress in the banking sector bottoming out (Quint)
Interview with Sanchita Mukherji (ET)
Interview with Starbucks India CEO (Fortune)
Disrupt yourself & grow (Microcap Club)
Let’s be honest: Are you an investor or speculator? (Jason)
Seth Klarman: How to act in a bear market (Part I & Part II)
Trump’s singular achievement (TRB)
Munger on Bitcoin (Acquirers Multiple)
6 ways to be more memorable when networking (Forbes)
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Lemons ripen faster
Source : The Ken
Bad startup investments are par for the course. There’s even a commonly used term for them: lemons.
Thus the VC adage, “lemons ripen faster”.
Meaning, bad investments tend to become apparent faster than good ones.
True for listed investments also
Source : Ben Carlson
