Fintwit archive, 2018. I like to pound this one in.

The North Star. www.theatlantic.com/ideas/2025/1...

Fintwit archive, 2016.

Fintwit archive, 2017. Over the years, having my mind changed has added more to performance than changing someone else's.

Fintwit archive, 2015.

Abnormal people don't become normal. Psychopathy doesn't evaporate away. Born round, you don't die square.

Fintwit archive, 2013. Evergreen.

Joseph Welch's famous rebuke comes to mind today: "Have you no sense of decency, sir? At long last, have you left no sense of decency?"

Hang this in a museum. H/t @gothburz.bsky.social

Be thoughtful, not obsessive about taxes. A preoccupation with it can lessen your decision hygiene on the variables that really matter.

Fintwit archive, 2019.

Fintwit archive, 2018.

My non-U.S. followers will be familiar with the term "own goal." www.cnbc.com/2025/12/10/u...

We're on the final episode of this one. Detailed and moving - it's outstanding. Check it out. Streaming on the @PBS app. @kenlburns.bsky.social 👏👏👏 www.youtube.com/watch?v=dBTo...

Fintwit archive, 2017.

If you are for a top-down, centrally controlled, economic policy where the federal government threatens private enterprise, invites tribute, chooses favorites, takes equity, or a rake on sales, then own it. Don't invent excuses; claim it's something other, or later pretend you were never for it.

Fintwit archive, 2015. It's impossible to overstate the value of developing the clarity and taste to filter rapidly.

That made-up FIFA peace prize... I can't even find the words.

This is one of those mornings where I'm reminded that school is never out.

$TSM, $NVDA, $ASML. www.nytimes.com/2025/12/04/b...

Fintwit archive, 2021. This tweet will be mocked into extinction. I'm consoled by shares bought under the old name.

Fintwit archive, 2016.

Fintwit archive, 2013.

Fintwit archive, 2019.

I once ran into Charlie on the street in Pasadena, heading to the Wesco meeting. He tolerated my walking the final block with him. We chatted about Pasadena, and a little bit about the oddity of Wesco. He told me that it was likely to be the final Wesco meeting (it was). www.wsj.com/finance/inve...

Fintwit archive, 2018.

Fintwit archive, 2017.

Fintwit archive, 2016.

Fintwit archive, 2015.

Fintwit archive, 2013.

No matter what happens, the Epstein Files are going to wind up on the Mt. Rushmore of forever conspiracies, alongside the grassy knoll shooter, fake moon landing, Trilateral Commission, 9/11 Truthers, etc. Questions about what remains hidden and which files were destroyed will persist for years.

Fintwit archive, 2019.

Seeing a trollish flame-thrower suddenly discover empathy when it is they who is under distress is pathetic and somewhat fascinating. One wonders whether their cognition makes contact w/ irony. It's the lowest EQ, shittiest character people who care about "a thing" only when it's happening to them.

Do not break the rules that hold a republic together, because one day you will need order. And do not destroy the opponents who respect those rules, because one day you will miss them. -- @timothysnyder.bsky.social www.nytimes.com/interactive/...

Fintwit archive, 2017.

New on Berkshire 13F: 17.8 million shares of GOOGL.

Fintwit archive, 2018.

“Is there no virtue among us? If there be not, we are in a wretched situation.” — James Madison

Fintwit archive, 2015.

Fintwit archive, 2016.

"Choose your heroes very carefully..." www.berkshirehathaway.com/news/nov1025...

Reposting for no particular reason.

Fintwit archive, 2019.

Markel 5-year share count. Credit to management that buys back shares when they should, not just because they can.

Fintwit archive, 2018. I've been on a comp committee. Among other variables, the company's capacity to thrive without him (it was a him) was a significant part of measuring his performance. I'd be inclined to resign from a board where a CEO was essentially holding the company hostage for comp.

I come from a law enforcement family. Just and professional law enforcement deserves respect. Masked men who won't ID themselves operating in paramilitary units, unaccountable to city/state government, ain't it. Of course, this was going to start happening. www.wired.com/story/fbi-wa...

Fintwit archive, 2015.

Not a fan of a CEO being defensive over stock action; it reads immature, even naive. Especially when snarking at shorts or negative punditry. Markets are gonna market. Manage the business, not the tape. Not every defensive CEO has something to hide, but every CEO w/ something to hide is defensive.

"The market" in the last 3 months... cap vs equal weight:

Fintwit archive, 2019.