Be in the know. 45 key reads for Wednesday…

  1. House Prepares to Drop China Investment Curbs From Defense Bill (bloomberg)
  2. Chinese-Style Quantitative Easing Emerges as Property Fix Option (bloomberg)
  3. 44 memorable Charlie Munger quotes about life and markets (yahoo)
  4. Disney CEO Bob Iger tells employees he wants to start building again during town hall (cnbc)
  5. 9 of Charlie Munger’s best investing lessons and words of wisdom (morningstar)
  6. Here are 85 famous Charlie Munger quotes (linkedin)
  7. Charles T. Munger, Much More Than Warren Buffett’s No. 2, Dies at 99 (nytimes)
  8. Eight Beaten-Down Stocks Including Pfizer and Hasbro That Look Like Bargains (barrons)
  9. Foot Locker Stock Jumps. Sales Outlook Is Brighter. (barrons)
  10. Fed Officials Hint That Rate Increases Are Over, and Investors Celebrate (nytimes)
  11. Amazon Introduces Q, an A.I. Chatbot for Companies (nytimes)
  12. Munger’s Advice on Investing, Life Was Often Colorful, and Never Dull (barrons)
  13. What Charlie Munger’s Death Means for Berkshire Hathaway (barrons)
  14. GM shares jump on stock buyback, dividend hike and reinstated 2023 guidance (cnbc)
  15. Bill Ackman warns economy will fall off a cliff if the Fed doesn’t hurry and cut rates (marketwatch)
  16. Munger Became a Legendary Investor Because of This One Impeccable Skill (barrons)
  17. “The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba founder Jack Ma on Wednesday in an internal staff forum, praising PDD’s decision-making and execution but saying he was confident that Alibaba would change, in a comment seen by Barron’s and translated using online tools.” (barrons)
  18. Warren Buffett’s Right-Hand Man Charlie Munger Dies at 99 (barrons)
  19. Charlie Munger, Warren Buffett’s Partner and ‘Abominable No-Man,’ Dies at 99 (wsj)
  20. From tapas in Vegas to Korean BBQ in Charleston, see Yelp’s 25 hottest new restaurants (usatoday)
  21. Jack Ma Urges Alibaba to ‘Correct Course’ in Internal Memo (bloomberg)
  22. US Economy Grew 5.2% in Third Quarter, More Than First Estimated (bloomberg)
  23. The Charlie Munger Principles to Invest and Live By (bloomberg)
  24. A Master of One-Liners: Munger on Politics, Life and Crypto (bloomberg)
  25. Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99 (bloomberg)
  26. Goldman’s Jan Hatzius Believes the Hard Part Is Over (bloomberg)
  27. Xi Is Delegating More Authority in China to His Trusted No. 2 (bloomberg)
  28. Charlie Munger Wrote His Own Best Eulogy (bloomberg)
  29. The folksy wit of Charlie Munger in 8 memorable quotes (qz)
  30. What Warren Buffett Said About Charlie Munger (wsj)
  31. Hedge Fund’s Bets on Distressed Emerging Markets Pay Off (bloomberg)
  32. Bugatti, Ferrari, Mercedes Are the Most Expensive Classic Cars of 2023 (bloomberg)
  33. Charlie Munger’s sharp wit turned Berkshire meetings into uproarious affairs. Here’s a sample (cnbc)
  34. Charlie Munger: These ‘basic rules’ made me successful in life—‘with Warren Buffett, I had all 3’ (cnbc)
  35. The S&P 500 will jump 12% to fresh record highs next year, even if a recession hits, BMO says (businessinsider)
  36. Make these 5 investments as stocks climb to record highs in 2024, according to top strategists at Bank of America and BMO Capital Markets (businessinsider)
  37. Charlie Munger was still a master of the one-liner in his 90s, calling crypto ‘venereal disease’ and AI overhyped (businessinsider)
  38. Meet Greg Abel, Warren Buffett’s successor and heir apparent to Berkshire Hathaway (businessinsider)
  39. Munger himself compiled a list of common mistakes people make, and they’re not just about investing. (marketwatch)
  40. Opinion: I once asked Charlie Munger about his wealth. Here’s how he responded, and what he meant to Warren Buffett (marketwatch)
  41. Hawaiian Electric Refocuses Grid Plan on Wildfire Risk (wsj)
  42. Charlie Munger revealed why he lived in the same house for decades instead of upgrading to keep up with his rich friends (yahoo)
  43. Jack Ma urges ‘change and reform’ at Alibaba (ft)
  44. After Munger’s death, Berkshire succession comes into focus (reuters)
  45. Inflation will come back down to 2-2.5% within the next 12-18 months, says Ed Yardeni (cnbc)