A Different View of Investing – Barrons.com – Insight from Murray Stahl, the chief investment officer of New York-based Horizon Kinetics. I am a fan of Stahl. He is an original thinker. Check out his firm’s commentary.
Buffett: U.S. May Pick Up Sooner Than Fed Thinks – Real Time Economics – WSJ – Noteworthy given the amount of data that Buffett sees from Berkshire’s far-flung businesses.
Investing for Higher After-Tax Returns – Tweedy Browne
Microeconomics and Psychology – “a nice summary of the principles of behavioral economics” – Jason Zweig
Cisco’s Disruptive (And Cooler) Rival – Forbes.com – It’s tough to judge the strength of Cisco’s moat going forward.