Bezos on Media Bias, Marks on Asset Allocation, Moral Hazard, Meta's AI Prospects, Vision Pro: Success or Failure?, Berkshire in the 1960s, Whole Foods, Black Diamond, Merck, Wormholes ...

Daily Journal, The Oresteia, Elon's compensation, TSMC, Banks in disguise, Reading about stupidity, Zweig on Ben Graham's continued relevance, 3G Capital, Morgan Housel, Christopher Tsai ...

The current banking crisis has led to calls for the government to insure all bank deposits, but doing so has significant long term implications ...

Recent bank failures raise questions about how Berkshire Hathaway and other insurers account for fixed maturity investments ...

Silicon Valley Bank's shareholders and creditors cannot be bailed out without introducing massive moral hazard antithetical to capitalism ...

A classic run on the bank exposes harsh realities hiding in plain sight. How will regulators and policymakers react to fears of contagion? ...

After the events of the past few years, many investors have concluded that investing in banks is ultimately a speculative exercise. After all, a great deal of management discretion is involved in estimating loan loss reserves and the opportunities for ...