You're listening to A Book with Legs, a podcast presented by Smead Capital Management.

At Smead Capital Management, we advise investors who fear stock market failure.

You can learn more at Smeadcap.com or by calling your financial advisor.

Welcome to a book with legs podcast.

I'm Cole Smead, CEO, and portfolio manager here at Smead Capital Management.

At our firm, we are readers, and we believe in the power of books to help shape

informed investors.

In this podcast, we speak to great authors about their writing.

The late great Charlie Munger prescribed using multiple mental models and analysis.

We analyze their work through the lens of business, markets, and people.

We will look back today at the history to ask how did we get to where we are at,

and is there a lot of reason for our present state?

Joining us to talk about his recently published book,

Who Owns This Sentence?

A History of Copyrights and Wrongs is David Bellows,

who co-authored this book with Alexander Montague.

A little bit about David.

David Bellows is a writer-translator

and the Meredith Howland Pine Professor of French

comparative literature at Princeton University.

His book is at a fisheryer translation and the meaning of everything has been translated in many

languages including Japanese and Farsi. He has won the IBM France Translation Prize and the

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