Few of my mentors are in the press.
Let's start with Mohnish Pabrai. He recently spoke to SumZero, discussing the latest coronavirus and its impact on the economy.
My key take-aways:
I do not run DCFs or use excel to figure out intrinsic value. It violates the fifth commandment1. If you can’t do the math in your head and with the fingers on one hand, it should be a pass. Whether the 10-year T-Bill currently yields 0% or 5% makes very little difference in my thinking on the investments I am making.
Man is a very clever animal. I have been incredibly surprised by the human ingenuity I have witnessed in response to COVID-19 in the last few weeks. My best guess is that lockdowns will start to be lifted in the next 3-4 weeks (or less) and will be almost completely gone in the next 8-12 weeks. We won’t be going to U2 concerts anytime soon and we may have (wristbands) identifying which category we fall in (immune or COVID-19-Free as of xxx date). And we may be wearing masks in public for a while. And I think we’ll be nearly 100% back to normal in 12 months. That U2 concert will be sold out and completely legal and allowed 18 months from now. I hope I can get tickets!
Another is Ray Dalio. He has been writing looooong LinkedIn posts explaining his Principles on how COVID-19. I don't know if there is anyone else in macroeconomics who writes as meticulously as he does.
His recent writings:
Currently, I'm eagerly waiting for 2nd May for the annual meeting of Berkshire Hathway. I bet a lot of questions will be about Coronavirus, his position in Delta and his succession.