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Some articles that I found worth reading this week:
Pay Attention to Asset Allocation in this Bull Market LINK
Active Value Investing: Is it really better? LINK
Is the Product Attractive? Mental Models and Moats LINK
The Seduction of Pessimism LINK
Video Interview: The Contrarian Gene|Seth Klarman (~15 min) LINK
Video Interview: Buffett, Jorge Paulo Lemann|Brazil Conference (~55 min) LINK
“Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we’re trying to do. It’s imperfect, but that’s what it’s all about.” -Warren Buffett