Old School Value

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With the big drop in the market last week and things not looking particularly bright, having cash on hand will be important in order to pounce on opportunities. Here are some possible ideas and other readings that may be of interest.

• Monish Pabrai Interview

• Banking Lessons from Buffett

• Actively Manage Your Career to Stay On Top of Your Game

• The Graham Number

• Lionsgate Entertainment: Misunderstood, Too Cheap to Ignore

• An Overview of the Global Shipping Industry

Advice of the Day

There’s a point where you have to accept that your teacher is wrong and that saying the right answer doesn’t help anyone.