We are constantly learning and expanding our circle of competence - as investors, operators and people. Here are a few of our favorite inspirations:
The story of 3G Capital, a Brazilian investment firm whose relentless focus on improving operations changed the game in private equity.
Skunk Works: A Personal Memoir of My Years of Lockheed
The memoir of Ben Rich, the legendary long-time leader of Lockheed Martin's Skunk Works which developed the U-2 plane, the stealth fighter, and countless other innovations in aerospace.
A book which provides insights on some of the best CEOs and how they've successfully allocated capital over long periods of time to generate superior returns.
Meditations by marcus aurelius
A classic Stoic text, written by Roman Emperor Marcus Aurelius as his personal diary. We utilize the stoic philosophy in our framework as investors: we cannot control what situations the market or economy presents us, but we can take actions that we believe will create long-term value.
One of our favorite weekly reads - insights about improving thinking and decision making, particularly as it relates to business and investing.
essentialism: the disciplined pursuit of less
Sometimes less is more. A great primer on focusing efforts on what is important and rewarding, in any context.
daily rituals: how artists work
A fascinating profile of artists, scientists, and other creative leaders. Much to learn from how they structure their time to focus on their most productive output.
hidden champions of the 21st century
Simon focuses on the types of businesses we love - focused enterprises who relentlessly build and cultivate a leadership position in their market niche.
from predators to icons
Unique perspective on some of the greatest success stories in business. These individuals managed to identify and capitalize on unique opportunities.
Man's Search for Meaning
Viktor Frankl's memoir's from his time in German concentration camps. Frankl argues that we can't avoid suffering, but we can choose how we cope and find meaning from life's obstacles.
Margin of Safety
Seth Klarman's classic book on value investing.