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The Infant Learner

Some stuff I read this week:

A.  This week’s Special:- 

Interview with The Outsiders’ William Thorndike

Mr. William N. Thorndike is a Founding Partner and Managing Director at Housatonic Partners. Mr. Thorndike founded the firm in 1994. He has been the Managing Director of Housatonic Partners since 1995. Prior to that he worked with T. Rowe Price Associates, where he did early investment research in the field of business services, and Walker Publishing, where he later served on the board of directors.

He is the author of “The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success”. Mr. Thorndike holds an M.B.A. from the Stanford Graduate School of Business and is a Graduate of Harvard College.

Recently he was interviewed at investorfieldguide.com. Click the link given below to listen to the interview:

Interview with William Thorndike

B. Entrepreneurial Diary

( “Business means solution of a particular problem and Creating value for customer as well as value  for company ” – Paramjeet Redu )

Charlie Rose conversation with Jeff Bezos ( CR )
How Companies Say They’re Using Big Data ( HB )
International Harvester Company – The Rise and Fall of a Monopoly ( IF )
How to Build a Product: Part III with Jason Lemkin, Solomon Hykes, Tracy Young, and Harry Zhang ( YC )

C. Other Stories

Expectations ( MC )
Margin of Safety ( FS )
Myopic Loss Aversion ( PO )
Business Analysis :Apar Industries ( RC )
Tips from a value investing legend ( MS )
Governance lessons from Buffett ( HL )
Identifying Managers with Talent and Integrity ( RV )
The Most Interesting Thing About the Buffett / Seides Bet ( RC )
The Most Dangerous Narratives are Usually the Smartest ( PG )
Expert Take – Expansion in Valuation Can’t Go on Forever ( TI )

Berkshire Meeting Notes – Daily Improvement, Business Evolution, and Investment Strategy ( BH )

“I read everything: annual reports, 10k’s, 10q’s, biographies, histories, five newspapers a day. On airplanes, I read the instructions on the backs of seats. Reading is key. Reading has made me rich over time” – Warren Buffett

“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you” – Charlie Munger

You have to apply yourself each day to becoming a little better. By applying yourself to the task of becoming a little better each and every day over a period of time, you will become a lot better”-  Carol Dweck