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...Many readers will know Munger’s famous line that you’d be wise to swap the term “ebitda” with “bullshit”....
...Payments company Visa, for example, had received a two for “E” and “S” and a three for “G”....
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...Drink the finest wines known to humanity, bore each other to death with Richard E Grant quotes....
...In the 1950s, he used charcoal for economy, and because “I felt I’d been exposed, that in public I’d put on a costume of thick paint and earthy colours, I was imitating myself”....
...It’s an interesting approach because not only does it isolate the sanitised portfolio’s excess returns (in theory), the E S and G bits can be measured individually....
...Where else might “two solitary females”, Isabel S McKay and E Marguerite South, who visited Corrour in August 1931, have joked with two Dublin lads. An amusing entry is JDV and WB’s....
...The problem with the P/E and other metrics is they don’t bring in growth and the rest of the components of value....
...I’m glad Katie Martin isn’t here because I don’t think she’d be able. This is such a hurtful topic to her, the terrible performance of the UK market, that I don’t think she’d be able to be objective....
...Below is the trailing P/E ratio on the S&P 500: There are other signs of dizziness out there. Some individual stocks have gone bananas....
...On the sporting front, the Milan-San Remo race will kick off what’s set to be a thrilling cycling season and bring some of the world’s best riders to town, while our eyes will certainly be on Formula 1’s...
...Roux opts for lobster risotto to start, followed by the beef, while I choose celeriac cacio e pepe and cod....
...Here is how we respond to points (a) through (e): Excess savings will soon be exhausted....
...It hasn't been able to pay bonuses to its partners, i.e. its staff who own the business....
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