Disappointment warning: Prime Day is not as cool as it sounds. For anyone interested in math and hoping that "Prime Day" is an opportunity to celebrate prime numbers and get together once a year to work on prime number-related activities such as solving the Riemann hypothesis, this will come as a disappointment. There are no million dollar prizes, but you still will be able to save $30.
Tomorrow, get $30 off your purchase of $150 or more with the Amazon (NASDAQ:AMZN) rewards Visa (NYSE:V) card. Enter promotion code "VISA30" when you checkout. Need some ideas on what to buy? Here are ten books that I particularly like:
- The Fish That Ate the Whale: The Life and Times of America's Banana King
- Business Adventures: Twelve Classic Tales from the World of Wall Street This one is a favorite of Buffett's, Gates'… and mine.
- Spy the Lie: Former CIA Officers Teach You How to Detect Deception I speak with managements, bankers, and lawyers all day. I am curious to know if and when they are telling me the truth.
- Everything Is Bullshit: The greatest scams on Earth revealed While I have a bit of a misanthropic streak, but I do love my fellow debunkers.
- Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street I read this when it was first out, but keep a stack of them in the office for gifts.
- Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice The author is a friend. I found this book fascinating and revealing about modern Russia. While I am bullish on Russia, this book is a worthy caveat.
- You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits This is the book that I wish I wrote. Curse you, Joel Greenblatt! (Actually, thank you, Joel Greenblatt).
- The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success Another Rangeley Capital party favor. I discussed it with the author here.
- When Money Grew on Trees: A. B. Hammond and the Age of the Timber Baron I am land crazy, so loved this book. It became clear that I liked the subject more than this author did. His villain was my hero (see Oliver Stone movies, etc. for other such cases).
- The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution
They cost $155.12 but will cost $30 less tomorrow.
Additional disclosure: Chris DeMuth Jr and Andrew Walker are portfolio managers at Rangeley Capital. We invest with a margin of safety by buying securities at discounts to their intrinsic value and unlocking that value through corporate events. To maximize returns for our investors, we reserve the right to make investment decisions regarding any security without notification except where notification is required by law.
We manage diversified portfolios with a multi-year time horizon. Positions disclosed in articles may vary in sizing, hedges, and place within the capital structure. Disclosed ideas are related to a specific price, value, and time. If any of these attributes change, then the position might change (and probably will).