Join 📚 Roger's Highlights
A batch of the best highlights from what roger's read, .
I once made a list of all the pieces I had written in maybe twenty or thirty years, and then put a check mark beside each one whose subject related to things I had been interested in before I went to college. I checked off more than ninety per cent.
We’re called SDM. Sonic Death Monkey.” “‘Sonic Death Monkey.’” “What do you think? Dick likes it.” “Barry, you’re over thirty years old. You owe it to yourself and to your friends and to your mum and dad not to sing in a group called Sonic Death Monkey.” “I owe it to myself to go out on the edge, Rob, and this group really does go out on the edge. Over it, in fact.” “You’ll be going fucking right over it if you come anywhere near me next Friday night.” “That’s what we want. Reaction. And if Laura’s bourgeois lawyer friends can’t take it, then fuck ’em. Let ’em riot, we can handle it. We’ll be ready.” He gives what he fondly imagines to be a demonic, drug-crazed chuckle.
LIBERTY MEDIA/ TELE-COMMUNICATIONS Question: How do you make a half billion dollars in less than two years? Answer: Start with $50 million and ask John Malone. He did it. John Malone, CEO of Tele-Communications, took advantage of the spinoff process to create a situation that proved to be one of the great spinoff opportunities of all time. Anyone who participated in the Liberty Media rights offering, a spinoff from Tele-Communications, was able to earn ten times his initial investment in less than two years. Although all shareholders of Tele-Communications (TCI), the parent company, had an equal opportunity to participate in the rights offering (and the whole world had the ability to purchase these same rights), the offering was artfully designed to create the most upside potential for those who participated, while simultaneously discouraging most investors from taking advantage of the opportunity.
You Can Be a Stock Market Genius
Joel Greenblatt
...catch up on these, and many more highlights
Readwise