Good analysis from the UK Value Investor why Interserve was taken over by its creditors.
Lyft, the new hot ride sharing IPO is to a large extent actually an insurance company
Interesting thoughts on Aviation Economics by Greenwood
Deep thoughts on Banks, Fintechs, Open Banking etc.
Naspers is (somehow) spinning of its Internet assets
FTAlphaville with a great post on cloud software stocks
Clark Street Value looks at Howard Hughes and Oncomed Pharmaceuticals
A nice take down on Taleb’s book “Antifragile”
Your brain on stocks looks like a very interesting new blog
Amazon’s secret weapon ? 150 Phd economists…..
YetAnotherValueBlog thinks KKR is too cheap
Zillow watch ou, Facebook seems to aim for the real estate market
Why (cheap) low growth stocks can be actually quite risky
Although I usually stay away from “self-improvement”” books, I bought the book as it has been recommended in a blog. In short, this is one of the best books I have read for a long time.
DISCLAIMER: This is not investment advice. Please do you own research !!!!!
Background:
Some readers of my blog might remember KAS Bank. I bought the stock in August 2012 and then sold it with a decent profit in MArch 2015 because I had not paid attention to the pension liabilities.
Looking at the stock chart, the decision to sell in 2015 was a good (and lucky) one:
Disclaimer: This is not investment advice. DO YOU OWN RESEARCH !!!!
The company
Zur Rose AG is a Swiss company that specializes in selling / distributing pharmaceuticals. The core business is Swiss distribution business where they distribute pharmaceuticals to Doctors, as in some parts of Switzerland, Doctors canboth, prescribe and sell pills. In 2012, Zur Rose made a smart/lucky buy: For only 25 mn EUR, they bought German based online Pharmacy Doc Morris from Celesio, a German Pharmaceuticals wholeseller that got later acquired by McKesson (I owned the stock as special situation)
Warren Buffett now has abandoned book value officially as measure for Berkshire’s success
Damodaran is looking at the mess at KraftHeinz
Bill Gurley on the success of digital market places plus a checklist of what makes digital marketplaces interesting
Broyhill Investment’s 2018 letter
Deep thoughts on value chains (Walmart, Amazon, Google, Microsoft) from Ben Thompson
An interesting stock pitch on Nintendo
UK Fintech Revolut seems to be a tough place to work at
value and opportunity 