value and opportunity

AI “Pioneer” Klarna paddles back on AI use for customer service

Highly recommended: Conversation between Nikolai Tengen and legendary investor Chris Hohn (TCI)

Wintergems has 3 new positions. I do like the Vintage year/Cohort approach a lot.

The “Wonder Stock” Substack has a great write-up on UK smallcap Kitwave

Arranging portfolio companies like players on a football tactic screen is a very nice idea

Robin’s Substack on Misitano & Stracuzzi, a potential “Mini Robertet” from Sicilly 

Behind the Balance Sheet with (among other stuff) a deep dive into the catastrophic Walgreen & Boots take-over