Oil
At Buysiders.com, a picture is worth a 1,000 words. Goals vs. the harsh reality. Tip of the hat to the folks at The View From the Blue Ridge.
Two quick notes. First, a relatively superficial story about Brazil’s pre-salt oil’s potential for changing the country for good – or bad. It’s interesting to see how this story is being told abroad. Second, an interesting story on Jeffrey Kaplan, who for 24 years was involved with M&A – including some of the largest deals such as the HCA LBO. The interview is an interesting inside view on M&A, private equity, even debt markets.
Well, this is unusual – Warren Buffett and Jay-Z (not a typo, the rapper) together in an interview about success (videos inside). Buffett apparently really likes rap, judging by the GEICO commercial of a few years ago. Then this September 13th video is a more conventional talk by Charlie Munger at the University of Michigan. It’s almost two hours long and nothing terribly new for those who read up about him, but always nice. The CNBC “host” focused a bit too much on economics and politics, but Mr. Munger still shines.
Brazil was featured in the press in the last week – twice in articles in foreign newspapers and once in a Brazilian newspaper interviewing Paul Krugman. Even though each article can be called out for factual mistakes or simply cluelessness regarding our country, collectively they should help temper expectations about Brazil’s growth or attractiveness.
GP Investments’ Antonio Bonchristiano and Fersen Lambranho gave an interview for Valor Economico (in Portuguese) that should be pretty interesting for those interested in Private Equity in Brazil – not the least because it’s above-average in terms of frankness.
