value and opportunity

RV Capital’s half year letter (New position: Prosus)

A deep dive into the structural fraud culture of Chinese Companies

A more positive take on SPACs from a VC perspective

And a more negative opinion on SPACs from a value investor perspective

And finally a deep dive into Bill Ackman’s recent 4 bn “super SPAC”

Fantastic story about a “Stock market oracle toad” during the 80s Japanese Stock frenzy

Good write-up on UK based Headlam as a potential counter cyclical opportunity