inoculatedinvestor's blog

Didn't make it to Pasadena this year for the Value Investing Congress? Well, you are in luck because I was fortunate enough to attend and take notes on what was said by great investors such as Howard Marks and Steve Romick. The following are my 70+ pages of notes from the event.

Like last year, I took on the unenviable task of trying to capture everything that was said at this year's Berkshire Hathaway annual meeting. Over 18,000 words and 24 pages later, I hope my notes provide a fair representation of what Munger and Buffett had to say.

I was lucky enough to receive an advance copy of The Most Important Thing by Howard Marks, provided by Mr. Marks himself. The following is my extensive review of the book, which will be officially released on May 1st.

The following is another exclusive transcript put together by the guys at Santangel's Review. In his must read testimony in front of the Financial Crisis Inquiry Commission, Warren Buffett explains what he believes saved the global financial system during the depths of the crisis.

Thanks to the guys at Santangel's Review for transcribing David Einhorn's presentation to the Financial Crisis Inquiry Commission. Topics covered include the investment banks' business model, rating agencies and FAS 157 (mark to market accounting).

The following are my exclusive notes from a presentation by Oaktree Capital's Howard Marks. In the presentation, Marks held an extensive discussion of Oaktree's investment strategy and answered questions on his views on gold and fraud in the financial system. Needless to say, there were many nuggets of wisdom for all investors.

Here is the fifth and final part of Simoleonsense's interview with author Alice Schroeder of "The Snowball: Warren Buffett and the Business of Life" fame.

This is part 4 of the 5 part interview with Warren Buffett's biographer Alice Schroeder. It includes insight into what makes the Oracle of Omaha tick that you will not find anywhere else.

This is part 3 of the 5 part interview with Warren Buffett's biographer Alice Schroeder. It includes insight into what makes the Oracle of Omaha tick that you will not find anywhere else.

The following post includes Part 2 of the Alice Schroeder interview with Simoleonsense. My sources tell me that the last parts are the most revealing. So read this and stay tuned...

The following is the first installment of a 5 part interview with Buffett biographer, Alice Schroeder, who gives us never before released intimate details about Warren Buffett. Pay special attention to parts 2-4 highlighting Buffett's personal side.

As the prospects for a double dip recession in the US seem to increase by the day, just about every bearish market commentator has his or her reasons why we should beware the triumphant return of the Great Recession. Even though I am not usually one to follow the herd, in this care I figured I might as well join the party and discuss my 5 favorite reasons a double dip may be upon us.

In times of great uncertainty it is often informative to seek the wisdom of one's elders. This past week at the Wesco Annual Meeting, 86 year old Charlie Munger provided a number of memorable nuggets of insight. The following is the 8500 word transcript.

These are the definitive 2010 Berkshire Hathaway Annual Meeting Notes. Almost 15,000 words. This is just about as close to an actual transcript as you are going to find. Enjoy!

Forget TARP, the AIG bailout and FDIC debt guarantees. The real bank bailout lives on courtesy of Helicopter Ben’s zero interest rate policy. Why should you care? Because low rates punish savers in the name of nursing the banks back to health. After all the trouble the banks have caused over the last 2 years this just adds insult to injury.