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Ear to the Street

Passing the Baton

Nilay Shah, '08

Issue date: 3/13/08 Section: GSB News
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To my five loyal readers: it's time for me to pass on the baton. After 18 months of inundating these pages with links to articles that few of you actually looked at with any sort of interest, the role of "Resident GSB News Junkie" has been passed on to first year student Nelson Santhosh. Nelson will begin writing the column next quarter, and my guess is that he'll represent the long list of "Ear to the Street" alumni well. As always, if you got a news tip or interesting article, feel free to e-mail Nelson at nsanthos@chicagogsb.edu, and while you're at, include me on the e-mail as well (nshah3@chicagogsb.edu). Be Sure to Read:

Eliot Spitzer: Wall Street Gets the Last Laugh - (http://tinyurl.com/36ab9g) - Amid a credit crisis, fears of a recession, and a dead M&A environment, Wall Street had reason to smile today, because the former financial watchdog, Eliot Spitzer, took a tumble much worse than the prospect of another 10 percent correction in the market. Three years ago, who could have ever thought the man that handcuffed Wall Street would be guilty of involvement in a prostitution ring? Reality is often stranger than fiction.

Is Active Investing a Zero-Sum Game? - (http://tinyurl.com/3xwqvr) - Interesting analysis from NYTimes columnist Mark Hulbert showing the underperformance of most active investors.

60 Minutes Goes Inside the Life of Carl Icahn - ( http://tinyurl.com/3xhaeb) - Nice little interview with Icahn that talks about the life of a pure active investor.

Paul Kedrosky's Latest Weekend Reading Column - ( http://tinyurl.com/2monb5) - I've mentioned Kedrosky's column before, but I can't mention it enough. Weekend Reading is a great list of links that comes out every weekend on TheStreet.com.

The Economist's Special Report on the Money Management Industry - (http://tinyurl.com/2vy8b2)

Must-Read Every Year: Buffett's Annual Shareholder Letter for Berkshire - (http://tinyurl.com/2q4h5h)

More Buffett: Transcript of Buffett Interview with CNBC Viewers - (http://tinyurl.com/3d7vyw)

Video Interview with Famed Value Investor Walter Schloss - (http://tinyurl.com/37sv6c)

Transcript of Renowned Investor Seth Klarman's Speech at MIT - (http://tinyurl.com/2hlm54)

Mark Sellers: Great Franchises are Often Undervalued at the IPO - (http://tinyurl.com/3a4nzt)

Update on the Current Distressed Environment - (http://tinyurl.com/2pajhe) - This is a must-read for turnaround and restructuring people.

Bloomberg Magazine Goes Inside PIMCO - (http://tinyurl.com/3xhohq)

Bloomberg Magazine Goes Inside Goldman Sachs' Private Wealth Management Group - (http://tinyurl.com/2oy2j7)
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