value and opportunity

TGV Truffle had a great year, annual letter to be found here (Zooplus, Aareal, Talgo)

TGV Rubicon annual letter 2021 (Aumann, Hostelworld, Ceconomy)

Good write-up on French “Hidden Champion” Pharmagest Interactive

Interestingly, Norway has become the forerunner for heat pumps

An in-depth look into the Activision-Blizzard acquisition by Microsoft

Some deep thoughts about long term implications of company capital allocation for investors

Scott Galloway with an interesting perspective on the Elisabeth Holmes/Theranos trial