Aquamarine Fund 2012 Partnership Meetings Presentation

Here is a link to the slides from my Partnership Presentations in London, Zurich and New York. Partner presentations final 2012 from Guy Spier   This was part of the Introductory Video Here is a video excerpt of the talk in...

Thanks to all paralympians and the paralympics London 2012

  I went for a run this morning.  I had some tendonitis, as well as some hip pain.  On another morning, I would have felt discouraged by the the vicissitudes of an aging body that does not respond the way it used to.       But today, I thought of all...

The Illusion of Choice.

This chart pretty much explains everything that one ever needed to know about Fast Moving Consumer Goods companies from an investor’s perspective: I am confident that if all an investor did was to own a portfolio of these stocks (other than Mars, which is not...

The libor Witch Hunt: Blog post and interview with CNBC

  Bankers are a hated breed right now, and some of the antipathy is justified I am sure.  But we do better as a society when we recognize that humans are humans, and it is systems and institutions that lead to bad behavior.  Let’s stop scapegoating...

Interview with the BBC

When I was in Istanbul, I was interviewed by the BBC World Service about lunch with Warren. Interview with the BBC World Service.

On Adversity

Adversity is when the rubber hits the road. It’s not how we behave in the good times that will determine how successful we are in life, but how we act in the bad times.

Bill O’Chee in India

In 2004 both Bill o’Chee and I travelled half way around the planet – he from Australia, and me from New York in order to hang out together…