<?xml version="1.0" encoding="UTF-8"?>
<urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9">
<url>
<loc>https://chian.io</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>weekly</changefreq>
<priority>1</priority>
</url>
<url>
<loc>https://chian.io/newsletter</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>weekly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/investment-os</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/podcast</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/subscribe</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/podcast/ep-04</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://chian.io/silicon-boardroom</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://chian.io/system-reboot</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://chian.io/review-os</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.7</priority>
</url>
<url>
<loc>https://chian.io/project-q</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.6</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>weekly</changefreq>
<priority>0.95</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>weekly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/graph</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.75</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/talk</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1956-limited-partnership-agreement</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1957-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1958-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1959-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1960-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1961-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1961-mid-year-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1962-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1962-mid-year-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1962-november-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1963-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1963-mid-year-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1963-november-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1964-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1964-mid-year-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1965-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1965-mid-year-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1965-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1966-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1966-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1967-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1967-mid-year-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1967-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1968-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1968-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1969-letter-to-partners</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1969-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1970-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1971-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1972-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1973-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1974-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1975-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1976-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1977-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1978-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1979-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1980-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1981-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1982-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1983-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1984-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/superinvestors-essay</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1985-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1986-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1987-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1988-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1989-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1990-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1991-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1992-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1993-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1994-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1995-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1996-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/owner-manual</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1997-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1998-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/1999-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2000-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2001-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/fortune-bonds-essay-2001</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2002-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2003-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2004-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2005-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2006-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2007-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2008-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/crisis-op-ed-2008</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2009-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2010-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2011-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2012-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2013-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2014-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/berkshire-past-present-future</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/vice-chairman-thoughts-2014</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2015-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2016-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2017-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2018-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2019-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2020-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2021-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2022-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2023-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2024-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/2025-letter-to-shareholders</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/letters/thanksgiving-message-2025</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/intrinsic-value</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/margin-of-safety</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/compounding</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/book-value</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/economic-moat</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/owner-earnings</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/capital-allocation</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/mr-market</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/insurance-float</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/management-integrity</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/circle-of-competence</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/return-on-equity</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/patience</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/goodwill</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/underwriting-discipline</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/look-through-earnings</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/price-vs-value</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/franchise-value</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/risk</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/stock-repurchases</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/inflation</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/dividends</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/acquisition-criteria</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/rationality</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/moody-market</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/float-cost</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/long-term-thinking</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/derivatives</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/decentralization</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/competitive-advantage</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/work-outs</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/pricing-power</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/corporate-governance</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/leverage</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/tax-efficiency</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/institutional-imperative</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/concepts/financial-strength</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/sees-candies</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/coca-cola</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/american-express</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/geico</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/washington-post</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/gillette</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/disney</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/apple</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/general-re</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/wells-fargo</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/berkshire-hathaway-energy</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/goldman-sachs</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/bank-of-america</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/bnsf</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/national-indemnity</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/dairy-queen</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/clayton-homes</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/iscar</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/marmon-group</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/precision-castparts</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/sanborn-map</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/dempster-mill</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/texaco</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/rjr-nabisco</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/usair</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/solomon-brothers</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/champions-enterprise</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/kraft-heinz</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/dexter-shoe</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/pacificorp</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/pilot-travel-centers</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/nebraska-furniture-mart</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/borsheims</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/helzberg-diamonds</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/capital-cities-abc</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/buffalo-news</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/ibm</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/verisign</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/amazon</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/scott-fetzer</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/mclane-company</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/berkshire-hathaway-homestate</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/pampered-chef</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/fruit-of-the-loom</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/johns-manville</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/h-h-brown-shoe</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/midamerican-energy</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/berkshire-hathaway-textile</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/wrigley</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/harley-davidson</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/general-electric</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/moody-corporation</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/graham-holdings</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/lubrizol</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/ttc-industries</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/bnl-financial</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/duracell</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/blue-chip-stamps</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/byd</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/charter-communications</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/chevron</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/conocophillips</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/fechheimer-brothers</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/flightsafety</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/forest-river</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/freddie-mac</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/general-motors</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/homeservices-of-america</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/itochu</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/kirby</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/mitsubishi</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/mitsui</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/netjets</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/occidental-petroleum</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/petrochina</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/rc-willey</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/salomon-inc</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/state-farm</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/bank-of-new-york-mellon</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/us-bancorp</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/verizon</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/world-book</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/berkshire-hathaway-textile-era</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/companies/illinois-national-bank</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/benjamin-graham</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/charlie-munger</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/tom-murphy</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/walter-schloss</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/ajit-jain</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/greg-abel</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/mrs-b-rose-blumkin</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/ted-weschler</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/todd-combs</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/phil-fisher</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/kenneth-chace</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/jack-ringwalt</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/buffett-letters/people/gene-abegg</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/newsletter/morning-sounds</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/newsletter/bayesian-patch</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/newsletter/inverted-dreams</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/newsletter/silver-bullet</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/newsletter/destiny-algorithm</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/newsletter/welcome-to-baseline</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>weekly</changefreq>
<priority>0.95</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>weekly</changefreq>
<priority>0.9</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/eras</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/graph</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.75</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-route-to-performance</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/first-quarter-performance</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/microeconomics-101-supply-demand-and-convertibles</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-value-of-predictions-or-whered-all-this-rain-come-from</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/how-does-an-inefficient-market-get-that-way</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/how-the-game-should-be-played</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-value-of-predictions-ii-or-give-that-man-a-cigar</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/will-it-be-different-this-time</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/are-you-an-investor-or-a-speculator</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/genius-isnt-enough-and-other-lessons-from-long-term-capital-management</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/who-knew</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/hows-the-market</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/bubblecom</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/investment-miscellany</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/irrational-exuberance</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/were-not-in-1999-anymore-toto</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/notes-from-new-york</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/safety-first-but-where</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/what-lies-ahead</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/whats-it-all-about-alpha</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/you-cant-predict-you-can-prepare</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/etorres-wisdom</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/learning-from-enron</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/quo-vadis</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/returns-and-how-they-get-that-way</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-realists-creed</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-feelings-mutual</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-most-important-thing</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/whadya-know</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/whats-going-on</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/whats-your-game-plan</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/hedge-funds-a-case-for-caution</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/hey-steward</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/risk-and-return-today</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-happy-medium</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/us-and-them</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/a-case-in-point</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/hindsight-first-please-or-what-were-they-thinking</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/oaktree-at-ten</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/there-they-go-again</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/dare-to-be-great</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/it-is-what-it-is</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/pigweed</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/returns-absolute-returns-and-risk</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/risk</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-new-paradigm</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/you-cant-eat-irr</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/everyone-knows</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/its-all-good-really</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/its-all-good</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/no-different-this-time-the-lessons-of-07</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/now-its-all-bad</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-race-to-the-bottom</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/doesnt-make-sense</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/nobody-knows</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/now-what</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/plan-b</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-aviary</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-limits-to-negativism</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-tide-goes-out</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/volatility-leverage-dynamite</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/what-worries-me</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/whodunit</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/so-much-thats-false-and-nutty</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-long-view</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/touchstones</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/will-it-work</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/all-that-glitters</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/hemlines</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/its-greek-to-me</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/id-rather-be-wrong</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/open-and-shut</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/tell-me-im-wrong</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/warning-flags</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/down-to-the-wire</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/how-quickly-they-forget</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/its-all-very-taxing</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/on-regulation</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/whats-behind-the-downturn</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/a-fresh-start-hopefully</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/assessing-performance-records-a-case-study</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/deja-vu-all-over-again</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/its-all-a-big-mistake</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/on-uncertain-ground</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/what-can-we-do-for-you</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/ditto</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/high-yield-bonds-today</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-outlook-for-equities</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-race-is-on</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-role-of-confidence</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/dare-to-be-great-ii</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/getting-lucky</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/risk-revisited</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-lessons-of-oil</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/inspiration-from-the-world-of-sports</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/its-not-easy</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/liquidity</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/risk-revisited-again</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/economic-reality</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/go-figure</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/implications-of-the-election</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/on-the-couch</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/political-reality</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/what-does-the-market-know</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/expert-opinion</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/lines-in-the-sand</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/there-they-go-again-again</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/yet-again</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/investing-without-people</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/latest-thinking</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-seven-worst-words-in-the-world</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/growing-the-pie</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/mysterious</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/on-the-other-hand</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/political-reality-meets-economic-reality</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/this-time-its-different</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/calibrating</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/coming-into-focus</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/knowledge-of-the-future</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/nobody-knows-ii</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/not-enough</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-anatomy-of-a-rally</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/timeforthinking</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/uncertainty-ii</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/uncertainty</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/weekly</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/which-way-now</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/you-bet</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/2020_in_review</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/something-of-value</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-winds-of-change</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/thinking-about-macro</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/bull-market-rhymes</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/i-beg-to-differ</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/illusion-of-knowledge</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/panmure-house</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/sea-change</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/selling-out</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-pendulum-in-intl-affairs</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/what-really-matters</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/fewer-losers-more-winner</loc>
<lastmod>2026-04-23T10:15:12.170Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/further-thoughts-on-sea-change</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/lessons-from-svb</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/taking-the-temperature</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/easy-money</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/mr-market-miscalculates</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/ruminating-on-asset-allocation</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/shall-we-repeal-the-laws-of-economics</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-folly-of-certainty</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-impact-of-debt</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-indispensability-of-risk</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/a-look-under-the-hood</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/cockroaches-in-the-coal-mine</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/gimme-credit</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/is-it-a-bubble</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/more-on-repealing-the-laws-of-economics</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/nobody-knows-yet-again</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/on-bubble-watch</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/memos/the-calculus-of-value</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/oaktree-philosophy</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/risk</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/interest-rates-macro</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/investor-psychology</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/credit-markets</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/distressed-investing</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/market-cycles</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/price-and-value</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/uncertainty</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/defensive-investing</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/second-level-thinking</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/alpha-and-beta</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/luck-vs-skill</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/pendulum</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/contrarianism</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/concepts/margin-of-safety</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.85</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/warren-buffett</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/john-kenneth-galbraith</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/ben-graham</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/bruce-karsh</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/charlie-munger</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/nassim-taleb</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/jerome-powell</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/peter-lynch</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/george-soros</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/ben-bernanke</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/john-templeton</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/michael-milken</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/people/seth-klarman</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/eras/global-financial-crisis</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/eras/covid-19-dislocation</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/eras/sea-change-rate-cycle</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/eras/dotcom-bust-9-11</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/eras/european-debt-crisis</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
<url>
<loc>https://chian.io/projects/howard-marks/eras/ai-bubble-watch</loc>
<lastmod>2026-04-23T10:15:12.171Z</lastmod>
<changefreq>monthly</changefreq>
<priority>0.8</priority>
</url>
</urlset>
