Biweekly Reading List (8/26-9/08)

I recap some good articles I read in the past two weeks :

• Berkshire Hathaway
• Whitney Tilson's 2007 Wesco Annual Meeting Notes
  
• Team spirit turns hockey star into real estate czar
• Mohnish Pabrai
• Take-Home Lessons on Value Investing
  
• Buffett 'disciple' buys stake in Harvest Natural Resources
• Value Funds
• Chou Funds Semi-Annual Report
• Third Avenue 2007 Q3 Letter to Shareholders
• Ron Muhlenkamp's Recent Commentary
• Tweedy, Browne's Secrets of Value Investing
  
• Value Managers
• Mark Sellers: Irrational world of institutionalised money managers
• The Daily News spoke to Larry Coats
  
• Bloomberg Interview with Mark Mobius
• John Rogers : Subprime Risks - Overblown
• Arne Alsin: Smart hedge funds that capitalise on dumb money
  
• Value Investing Seminar in Italy
• 4th Annual Value Investing Seminar in Italy – Day 1
• 4 th Annual Value Investing Seminar in Italy– Day 1 – Part II
  
• Piggyback Investing
• The Most Recent All-Star Fund Manager Picks
  
• Ranking ideas from the best of the best
• Kiplinger : Time to Bail on Oakmark Select?
  
• Misc
• Sham Gad : Invest in Special Situations
  
• James Surowiecki : Profits of Doom
  
• Roger Lowenstein : Subprime Time
• Jason Zweig : Minding Your Money
  
• Jason Zweig : How many stocks should you own?
  
• Mark Hulbert : Driving by looking into the rearview mirror
• Michael Lewis : A Wall Street Trader Draws Some Subprime Lessons
• John Authers : Market vultures patiently wait for more blood to spill
  
• Bear Bonanza
• The Stock Market: Beyond Risk Lies Uncertainty
  

Biweekly Reading List (8/12-8/25)

I recap some good articles I read in the past two weeks :

• Warren Buffett
• CNBC Interview with Warren Buffett
• Warren Buffett to CNBC: All the Speculation is Just Speculation
• Crisis Counsel with Warren Buffet, Bill Miller etc.
  
• Berkshire Buys 1.4 Million BNSF Shares
  
• Whitney Tilson
• Whitney Tilson on CNBC : Blue Chip Bargains
  
• Be ready to act when market opens a door to opportunity
• Bill Nygren
• Bill Nygren's Message About Oakmark Select
• Bill Nygren's Q&A at GuruFocus.com
• Larry Coats
• Businessweek Interview with Larry Coats - Riding Out the Storm with Quality Stocks
• MarketWatch Interview with Larry Coats
• David Dreman
• Bloomberg Interview with David Dreman
• Squalls Ahead
• Other Value Managers
• Morningstar Interview with Markel's Tom Gayner
• A Day In The Life of Anthony Bolton
• The World According to Eveillard - Why disciplined value investing is so difficult
• Mobius on the Markets
  
• Value Investing
• Remembering a Classic Investing Theory
• Cash Flow Analysis a la Longleaf Partners
• Piggback Investing
• A Bounty of Ideas from Berkshire's Portfolio
• Gannon On Investing: On Berkshire Hathaway's Holdings
  
• Third Avenue's Wadhwaney Sees `Great Value' in Japanese Stocks
• Five Funds That Juice Returns Without Unsettling Nerves
• The investment who's who
  

Biweekly Reading List (7/29-8/11)

I recap some good articles I read in the past two weeks :

• Warren Buffett
• Making Money the Warren Buffett Way
• Warren Buffett Bought 1.6 Million More Shares of Burlington Northern Santa Fe Corp.
• Reverse Engineering of Warren Buffett’s December 1999 Investment in First Industrial Realty Trust
• Bill Miller
• Bill Miller 2007 Q2 Commentary
  
• Bruce Berkowitz
• Bruce Berkowitz Talk at WealthTrack
• Fairholme Fund 2007 Semi-Annual Report
• Mohnish Pabrai
• Morningstart Interview with Mohnish Pabrai (Unabridged Video)
• Whitney Tilson
• TheStreet.com TV Interview with Whitney Tilson
• Off Year for Berkshire Doesn't Cow Buffett Buff
• Leon Cooperman
• Leon Cooperman's Article in Fortune magazine
• Mark Sellers
• Tend to overanalyse stocks? Bring out the dart-wielding monkey
• David Einhorn
• David Einhorn's analysis of St Joe's At Stocks Below NCAV
• Zeke Ashton
• How concentrated should you be? (2007 Value Investing Congress Presentation)
• Jim Rogers
• Bloomberg interview with Jim Rogers
• Other Value Managers
• Value Investing Conference at The Ben Graham Centre (Videos)
• TMF Interview with Sardar Biglari
• Dodge & Cox Stock Fund 2007 Semi-Annual Report
  
• Piggyback Investing
• Stockpicking: Follow That Guru
  

Biweekly Reading List (7/15-7/28)

I recap some good pieces in the past two weeks :

• Bill Miller
• Money Magazine Interview with Bill Miller (Transcript)
  
• Michael Mauboussin
• Mauboussin on Strategy : What You See and What You Get
  
• Financial Wisdom in Unconventional Places (Video)
  
• Mohnish Pabrai
  
• Morningstart Interview with Mohnish Pabrai (Video)
• GuruFocus's Q&A Sessions with Mohnish Pabrai (Transcript)
• Wally Witz
• Weitz Funds 2007 Q2 Letter to Shareholders
  
• Morningstar Interview with Wally Weitz (Video)
  
• Whitney Tilson
• Human qualities in managerment matter for long-term success
• John Roger
• Morningstar interview with John Rogers (Video)
• Money Magazine Interview with John Rogers (Transcript)
  
• Value Managers
• Tweedy Browne 2007 Q2 Shareholder Letter
  
• Oak Value Fund 2007 Q2 Investment Adviser's Review
  
• Kiplinger's on Oak Value Fund - Investing Like Buffett and Graham
  
• Piggyback Investing
• How to let the gurus do your grunt work
• Stockpicking: Follow That Guru
  
• Piggyback investing: Greenlight Capital
  

Piggyback Investing Column

Kevin Kelly starts his new weekly column - "Piggyback Investing" - on BloggingStocks. The purpose of his column is to breakdown one fund per week and introduce potentially interesting ideas. I think the column is pretty interesting and worth reading.

This week Kevin introduces Greenlight Capital - ran by value investing superstar David Einhorn. He also talks about Einhorn's recently ideas :

• Microsoft Corp. (NASDAQ: MSFT)
  
• MDC Holdings (NYSE: MDC)
• Genworth Financial (NYSE: GNW)

Article Direct Link - Piggyback investing: Greenlight Capital.

Disclosure : I have a long LEAPS of MDC Holdings.

Biweekly Reading List (7/1-7/14)

I recap some stories in the past two weeks :

• Warren Buffett
• FlashBack - The Bill & Warren Show
• Warren Buffett Talks at Hillary Clinton's Campaign
  
• Mohnish Pabrai
• InvestorGuide Interview with Mohnish Pabrai
• 10 Questions to Mohnish Pabrai – The Answers
• The Yellowstone Factor: Minimizing Downside Risk
• Book Summary: The Dhandho Investor
• Wally Weitz
• Highlights from Weitz Funds 2007 Shareholder Meeting
• Ben Graham Centre Videos
• Martin Whitman Talks at Ben Graham Centre
• Avner Mandelman Talks at Ben Graham Centre
• Irwin Michael Talks at Ben Graham Centre
• Charles Brandes Talks at Ben Graham Centre
• Francis Chou Talks at Ben Graham Centre
• Peter Cundill Talks at Ben Graham Centre
  
• Value Managers' Reports
• Martin Whitman - Third Avenue 2nd Quarter Letter
  
• Jean-Marie Eveillard - First Eagle Funds' 2007 Semi-Annual Report
• Bill Nygren - Oakmark Fund 2007 Q2 Manager Commentary
• Others
  
• Benjamin Graham's Lost Magic Formula in 1976?

Value Quest Reviewed by Value Blog Review

I'm glad that this blog was reviewed by Value Blog Review on June 29.

Value Blog Review is written by Steven Rosales. It is a blog devoted to helping new investors determine what blogs, websites, and other resources are essential to stock market success. This blog is also on Gannon On Investing's "The Eight Best Investing Blogs" list.

"Value Quest is worth a visit as it may save you time by finding and highlighting relevant information you may not have been aware of or did not have the time to track down yourself." said by Value Blog Review.

I'm really honored if this blog could do anything help investors to their stock market success.

Get Mohnish Pabrai's Disappear 2001 Shareholder Meeting Transcripts

I found Mohnish Pabrai's Pabrai Funds 2001 shareholder meeting transcripts posted at GuruFocus.com on June 28. I think it's a great stuff, so I post the link on Value Investing News. But it was removed after a few days. Some friends ask me to send them this transcript.

The following steps show you how to get this transcript (just a little trick) :

1. Use Google to search "Pabrai Funds shareholder meeting 2001 transcripts"
2. Find the article link from GuruFocus.com and click the "Cached" item to get it. (Or just simple click this Cached link)
   

Learning From the Great Investors

Emil Lee at TMF wrote a piece "Learning From the Great Investors". Lee talks about what you can learn from Mohnish Pabrai, Eddie Lampert, Joel Greenblatt and Charlie Munger.

I highlight some points :

• Mohnish Pabrai - Low-Risk, High-Uncertainty Investing.
  
• Eddie Lampert - Capital Allocation : Deploy Capital as Productively as Possible.
  
• Joel Greenblatt - MFI = High ROC + High Earnings Yields.
  
• Charlie Munger - Learn to Learn : Mental models, Biases, and Methods of Thinking.

Like what I said in Rookie Walk Down Wall Street, I will learn from these great investors piece by piece and step by step. Wish someday I could achieve my long-term goal - to build my own sound intellectual framework for making decisions and the ability to keep emotions form corroding that framework. Enjoy learning !

Rookie Walk Down Wall Street

I live in Taiwan and never have been to the US. I never really touched US markets until I use Scottrade to buy my first US equity on November 2006. I am just a novice investor walking in the Wall Street.

Since I'm a rookie, so my investment strategy is simple. I take people who play the game very well and follow them to play. I just look at what great investors have found. In other words, I'm a shameless idea thief. :P

Thanks to the magic of Internet. I can easily get many valuable stuff about great investors like Warren Buffett, Charlie Munger, Benjamin Graham, Philip Fisher, Bill Miller, Joel Greenblatt, Seth Klarman, Wallace Weitz, Michael Price, Whitney Tilson etc. I will learn intelligent investing from these outstanding investors.

My long term goal is to build my "sound intellectual framework for making decisions and the ability to keep emotions form corroding that framework" as Warren Buffett said in the preface of The Intelligent Investor.

So this blog will be my learning journey to intelligent investing. This blog is also a exercise to improve my broken English.