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Where are the customers yachts?

It is a fascinating and easy read with a conversation I found very interesting around short sellers - basically they are ok. 

And some interesting assertions that are contrary to popular opinion and probably not acceptable to the FMA - for instance he states that a portfolio of shares is unlikely to increase in value. 

Did you notice Warren Buffet has just wrangled a merger of Kraft and Heinz with a resultant 40% increase in the share price for Kraft.

An interesting and provocative read recommended by arguably the best investor in the world.  

Blog

2016(8)
2015(5)
2014(8)
2013(9)
2012(14)
2011(25)