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The Infant Learner

Some stuff I read this week:

A.  This week’s Special:- 

Human Misjudgment Revisited – Philip C. Ordway

Philip Ordway is Principal and Portfolio Manager of Anabatic Fund, L.P. Previously, Philip was a partner at Chicago Fundamental Investment Partners (CFIP). At CFIP, which he joined in 2007, Philip was responsible for investments across the capital structure in various industries. Prior to joining Chicago Fundamental Investment Partners, Philip was an analyst in structured corporate finance with Citigroup Global Markets, Inc. from 2002 to 2005, where he was part of a team responsible for identifying financing solutions for companies initially in the global power and utilities group and ultimately in the global autos and industrials group. Philip earned his M.B.A. from the Kellogg School of Management at Northwestern University in 2007 and his B.S. in Education & Social Policy and Economics from Northwestern University in 2002.

Recently he gave a talk at John Mihaljevic’s conference in Zurich. Kindly access to the below link for the detailed lecture:

Human Misjudgment Revisited

 

B. Entrepreneurial Diary

Amazon is Relentless ( AE )
The Death of (Many) Brands ( II )
The Dentist Office Software Story ( VC )
My Journey From Struggling Actress to Successful Tech CEO: Katelyn Gleason ( WC )

C. Other Stories

Your True Risks ( SV )
Reflective Thinking ( BI )
Strength in Adversity ( BA )
Solving the Investment Puzzle ( HC )
Discipline is having the strength to say No ( MC )
How to Teach Engineering to a 5-Year-Old ( GN )
What I Learned in the Last year: Morgan Housel ( CB )
“I don’t know” – Investing for “I don’t know” dummies ( YT )
Wonderla Holidays – Investment Thesis by Stalwart Advisors ( YT )
The Best Path to Long-Term Change Is Slow, Simple and Boring ( NY )

“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