This was a really fun wide ranging interview Cullen Roche did with RealVision TV. RealVision is an exclusively finance related online TV channel airing unique one on one interviews and perspectives of the financial markets. They are creating a sort of Netflix for Financial TV.
Cullen Roche: The Macro View – RealVision TV Interview
Seth Klarman: Investors Can No Longer Rely On Mean Reversion
"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More