Some links
Two links to Q1 fund letters: Link 1 & Link 2 (h/t Valueinvesting World)
A great story about the Luckin Coffee fraud
Great long read on Exxon and their current issues
Some deep thoughts on (US ) airlines (fuel hedging, network effects, Southwest)
The Undervalued Shares blog on activist investing in Germany/Europe (Agfa Gevaert)
The currently very productive Profit Hunting blog looks at Brookfield Infrastructure Partners
It might still take a while before “Value stocks” come back
value and opportunity 