Weekly Investing Roundup – News, Podcasts, Interviews (02/28/2025)

This week’s best investing news:

Berkshire Hathaway 2024 Annual Report (BH)

Mohnish Pabrai’s session with CIBS at University of Cambridge on January 31, 2025 (MP)

Berkshire Hathaway Q4 2024 Earnings (BH)

JPMorgan CEO Jamie Dimon: Consumers are back, almost normal (CNBC)

Mohnish Pabrai on Investing, Warren Buffett & Life Lessons (Sonia Shenoy)

Nick Train: ‘the Americans have discovered Guinness!’ (Interactive Investor)

Skewness and Kurtosis (Verdad)

Value investor Bill Nygren explains why Nvidia isn’t the best AI stock to own now (Morningstar)

Pzena Investment Management: Europe ex UK value update (Pzena)

Tom Gayner – 2024 Shareholder Letter (Markel)

Warren Buffett: America’s businesses ‘usually find a way’ (TKer)

Michael Mauboussin – Probabilities and Payoffs (MS)

Paul Singer Interview (In Good Company)

A Closer Look at Warren Buffett’s 2024 Annual Letter to Shareholders (Kingswell)

Ray Dalio issues dire warning of American ‘debt death spiral’ and how to invest to protect yourself (Yahoo)

BRK 2024 Annual Report and Stuff (Brooklyn)

Aswath Damodaran – The Draw and Drawbacks of Debt (AD)

Lessons from Guy Spier (TIP)

DOGE: What Can Be Done? (Scott Galloway)

When Stocks Fall Because of Economic Events (Stef)

Berkshire Hathaway’s Culture in 2050 (Rational Walk)

Another Massive Misallocation Of Capital? (Jesse Felder)

15 Stocks That Have Destroyed the Most Shareholder Value Over the Past Decade (Morningstar)

Steve Cohen & Richard Attias on Investing in Success (FIIInstitute)

DOGE is the Theranos of Cost-Cutting (Krugman)

MiB: Charley Ellis on Rethinking Investing (MiB)

Semper Augustus Letter – Won’t Get Fooled Again (SA)

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This week’s best value investing news:

Growth v Value: European Stocks (Morningstar)

What is value investing, the strategy deployed by Warren Buffett? (Yahoo)

A Value Investor’s Thoughts On DeepSeek And The Next Phase Of AI (Forbes)

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This week’s Fear & Greed Index:

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This week’s best investing podcasts:

Behind The Memo: On Bubble Watch (Howard Marks)

Podcast Interview with Matthew McLennan of First Eagle Global Value (Finishing Post)

The Market Illusion: Mike Green on Inflation, Geopolitics and the Hidden Recession (ER)

Chris Pedregal – Building Granola (ILTB)

A Solid Foundation is Buying at a Low Valuation  (MicroCapClub)

Former Merrill Strategist Chuck Clough – This Time is Different | #571 (Meb)

Bespoke Investing and Unconventional Wisdom with Le Shrub (BB)

Where to Find Bargain Stocks in an Expensive Market (Morningstar)

#216 Outliers: Andrew Mellon – America’s Secret Banker (KP)

6 lessons from Buffett’s annual letter, Pimp my Portfolio & Australia’s quantum computing breakthrough (EM)

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This week’s Buffett Indicator:

Strongly Overvalued

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This week’s best investing research:

A New Metric for Private Equity Risk Adjusted Returns (AA)

Is the PEG Ratio a Reliable Market-Timing Tool? (CFA)

Buy pro-cyclical stocks and get a higher return (DSGMV)

The Enemies of Bulls are not the Bears but Other Bulls (PAL)

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This week’s best investing tweet:

Internet stocks took more than a Decade to bring in enough Sales Growth to back the hype of their Stupendous Valuations.

Important historic cautionary… 🤔

From: https://t.co/eLKgQYmEqs pic.twitter.com/ATEacdBxQN

— Callum Thomas (@Callum_Thomas) February 24, 2025

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This week’s best investing graphic:

The $124 Trillion Global Stock Market, Sorted by Region (Visual Capitalist)