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Chris DeMuth Jr.
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"It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it - who look and sift the world for a misplaced bet - that they can occasionally find one." - Charlie Munger I look... More
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  • Chart Of The Day – Monday, September 16, 2013 3 comments
    Sep 16, 2013 10:49 AM

    Perspective

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    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Additional disclosure: Chris DeMuth Jr is a portfolio manager at Rangeley Capital, a partnership that invests with a margin of safety by buying securities at deep discounts to their intrinsic value and unlocking that value through corporate events. In order to maximize total returns for our partners, we reserve the right to make investment decisions regarding any security without further notification except where such notification is required by law. Source: www.waitbutwhy.com/

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Comments (3)
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  • arbtrader
    , contributor
    Comments (170) | Send Message
     
    One addition: USSR internal purges under Stalin? Certainly at least 10 million starved before/during/in prison camps.
    16 Sep 2013, 04:39 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4041) | Send Message
     
    Author’s reply » How was that left out? Good addition. For a good book on that topic: http://amzn.to/14bFiQG. For additional reading on the human toll of communism (full disclosure: written by a friend): http://amzn.to/14bFiQN
    16 Sep 2013, 05:01 PM Reply Like
  • arbtrader
    , contributor
    Comments (170) | Send Message
     
    Amazing books....I'd thought to add a general death topic of 'communism 1920-1991' but given the recent negative reaction to a 'political' topic I thought I'd stick to actual events vs trends over time (like decades of the black death).

     

    Also, the US Civil War was far bloodier than the American Revolution. In % terms one of the bloodiest ever, anywhere.
    16 Sep 2013, 05:12 PM Reply Like
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