value and opportunity

Prof. Damodaran with an epic post on valuaing intangibles and the Birkenstock IPO

FTAlphaville with some interesting details on the Metro Bank recapitalization plan (search result)

A good reminder from Wolfgang Klement: Admitting mistakes is hard, but the most constructive option

A funny Twitter thread showing that “investing” into random Lego sets outperfoms most VCs

A very interesting deep dive into the Spirits industry

Lots of action in the Spin-off Universe

A very interesting deep dive into the science of plastics eating Bacteria