Some links
Interesting analysis of Customer acquisition cost (CAC) and life time value (LTV) of Netflix users
Recommended: UK stock blogger Maynard Paton (h/t Alan who linked to this in the comments)
Concentrating bets sometimes doesn’t work even for very smart investors: Eddie Lampert & Sears
The Crypto ICO market has cooled off significantly
Great post on moats in the digital age (Booking, Landstar)
The build-up of “almost-junk” debt is astonishing
value and opportunity 