“Don’t use a five-dollar word, when a fifty-cent word will do”
– Mark Twain
book of the week – Thinking Strategically, Avinash Dixon & Barry Nalebuff
I only managed to get about halfway through this book so far. It really forces you to think through each topic they discuss, limiting the speed at which one can consume the information.
So far though I’m thoroughly enjoying the practical approach the pair have taken to unearthing some key aspects of game theory. The case studies have been particularly interesting. I will have a review and rating for next week.
stock news of the week
Australian broadcasting company Ten Network (ASX:TEN) went into adminstration as its billionaire backers (Murdoch & Gordon) pulled their gurantee over the company’s debts.
articles of note
Interesting trade idea in a frequent flyer program that just lost its key airline… Worth a read if only for the unique ”investment logic”
All the Buffett Partnership letters pre Berkshire Hathaway
A quality Canadian based small cap fund provides an overview of their strategy