Fundamental Stock Analysis for Philip Morris International - A spinoff from MO.

Who would have thought?

Ackman out, Whitman in....should we?

An amended SEC filing

A discussion of the recent Bloomberg Markets magazine article on Nicholas Taleb. This post lists the books in Nassim Taleb's library based on the picture included in the story.

This Boone Pickens interview was a great watch. I liked it so much I watched it twice!

In yesterday's comments, Vik, Jeff, Miguel S, and likely a number of others that did not post comments were curious: How the heck did I find Graham, and why was I looking at it in the first place?

It’s always interesting to see what other investors or thinkers have on their bookshelf. In the introduction to the article, there’s a picture of Nassim Taleb in his library. Using the hard copy, I picked out a few books that Taleb has read (or hasn’t read, by Umberto Eco standards). These should be useful for expanding one’s network of mental models:

Berkshire Hathaway's just-released disclosure of its U.S. stock portfolio holdings as of March 31 does not include any new names. (Three months ago we learned from the quarterly filing that Buffett had accumulated a sizable stake in Kraft Foods.)

He could pull it off...

He is covering the short bets

I thought Shai Dardasti's personal reflections from 20,000 feet were spot on and worth thinking about. I have a few other companies that are royalties on various activities that I would add to the list, and I bet you do too.

Turkey's real gross domestic product (GDP) can grow by 6 percent a year in the next 10 years, the state minister for economy said in Istanbul yesterday. What do you think about it?

In mid year 2007 the yield curve was predicting a 35% probability of a recession 12 months later. Today's yield curve might be predicting stronger economic growth one year in the future according to a Federal Reserve report.

88% invested in financials...