value and opportunity

Alluvial Capital with an interesting Colombian “sum of the parts plus catalyst” Cement company

A great deep dive into the much improved technology of Desalination from Tomas Pueyo

Some good lessons from watching and commenting on markets for 37 years

A very nice article explaining the three main contributors to the current success of LLM Gen AI models

It’s always worth listening whenever Prof Damodaran is on a podcast. His (critial) post on “Sustainability is equally worth reading.

Great write-up on French research company Ipsos

Part 1 of a very promising deep dive into the issue that Private Market IRRs do not equal investment perfomance