Thursday, July 12, 2018


I can't believe the author of this 2018 book has already passed away. His enthusiasm and manner of speaking were contagious (I have discussed him on this site way back in 2010), and I found myself reading Factfulness: Ten Reasons We're Wrong About the World in his voice.

Sunday, July 8, 2018

The Day Freedom Died

If you think US politics is a dirty business now, you ain't seen nothing. Following the US Civil War, politics was violent, personal and sometimes even uncivil. The Day Freedom Died: The Colfax Massacre, the Supreme Court, and the Betrayal of Reconstruction describes one such incident in which a group of white supremacists massacred a group of freedmen and went free.

Friday, July 6, 2018

Karsan Value Funds: 2018 Q2 Results

Karsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site.

Monday, June 25, 2018

A Gentleman in Moscow

A Gentleman in Moscow is a novel about the life of a Russian aristocrat who goes from the top of society to somewhere around the middle following the Bolshevik revolution. Over the course of his life and through his eyes, we see the gradual degradation of society into an inefficient, authoritarian/centrally-planned regime that makes life suck.

Saturday, June 16, 2018

Bad Blood

I didn't follow the Theranos story too closely over the years. It was a private company, unprofitable, new-ish and had a ridiculously high valuation, keeping it squarely outside of my investing sweet spot. And yet it was so famous that I still knew so much about it: the charismatic, young and attractive CEO, and a technology that was going to change the world. But it was a fraud: a fake it till you make it promotion which couldn't deliver that was eventually exposed thanks in large part to Wall Street Journal reporter John Carreyrou. In his fantastic book Bad Blood: Secrets and Lies in a Silicon Valley Startup, he details the rise and fall of this now disgraced company.

Tuesday, June 12, 2018

Why We Sleep

Some of us look for a lot of ways to improve ourselves and our outcomes. But in so doing, we often neglect perhaps our most important tool: sleep. The benefits of a full eight hours are numerous, and fully detailed in Why We Sleep: Unlocking the Power of Sleep and Dreams.

Tuesday, June 5, 2018

Harvey Nash Mashed

About a year ago, I discussed Harvey Nash as a potential value play. Not much has changed with respect to the company; operating profit is about the same as it was last year. But the stock price has seen a huge shift.

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