Author Archives: memyselfandi007

Some links

One hedge fund thinks that MicroFocus should be worth twice its current share price

In contrast, UK Construction Group Kier looks like a short 

Interesting story about the founder of Panera Bread and shareholder short-termism

WIll Amazon go for Health Care next ?

Investments based on demographic trends are very difficult (funeral services edition)

Barry Ritholz is angry about Buy backs of the wrong kind

Interesting deep dive into the world of Lithium-Ion batteries

 

How to invest into Venture Capital part 2: Augmentum, Vostok & others

This is the follow-up on part 1 some days ago.. These were the listed VC vehicles,I presented as the base in part 1 (in brackets my short vote for the first 4)

  • Softbank (too crazy)
  • Kinnevik (Yes)
  • Rocket Internet (bad rep)
  • German Startup Group (no thanks)
  • Vostok New Ventures
  • Vostok Emerging Finance
  • Augmentum

I have added two US vehicles to this list:

  • Firsthand Technology Value Fund (SVVC)
  • GSV Capital (GSVC)

A few thoughts on Permanent Capital vs. “classical” fund structure vs. “SPACs”

In the previous post, one commentator mentioned that he was “sceptical of permanent capital” vehicles. Personally I would not support this. Berkshire Hathaway for instance is a permanent investment vehicle with quite some success. However there are other vehicles like Greenlight Re or Bill Ackman’s Persing NV which clearly have done a lousy job for shareholders as we can see in this chart: (Greenlight in yellow, Pershing Square blue):

greenlight pershing

Read more

Some links

Venture Capital seen from a Capital Markets / Hedgefunds perspective

Another reminder that BBB corporate debt could become a problem at some point in the future

Very interesting thoughts on “the curse of low hanging fruits”

10 interesting book recommendations for the upcoming holidays

Why Starbucks has been able to create the most popular payment app in the US

A good overview of recent Spin-offs

Instagramm influencer marketing is now a really big thing

Some links

Prof. Damodaran thinks that GE is undervalued and 5 lessons to be learned from the GE debacle

Great profile of Shane Parish (Farnam Street Blog)

Warren Buffett has been buying JP Morgan, Oracle and other Financials.

Great CNBC interview with John Malone (h/t valueinvestingworld)

MBOs seem to be an indicator that an industry might be undervalued

GlobalStockPicking looks at the Dental industry

A great overview on where innovation will happen next from Benedict Evans (A16Z):

How to invest into Venture Capital – Listed Vehicles (part 1)

One upfront remark: I do not recommend to invest in Venture Capital right now. The market is clearly overheated and the asset class is known to be very volatile although Warren Buffett’s Todd Combs seems to just have discovered Fintechs.

This post is ment as a “long-term perspective” view on the sector and not a buy recommendation in the current environment.

How to invest into Venture Capital as a Private Investor

Famous VC funds

Venture Capital, i.e. the industry funding (technology) start-ups is known that almost everything depends on relationships.

It is no secret that a few funds like Sequoia or Kleiner Perkins have produced outstanding returns but these funds are “invitation only”, there are little chances even for larger institutions to invest in them and for individuals without direct connections it is more or less impossible to get in.

Read more

Some links

A great look back 10 years ago when Porsche created the Volkswagen Short Squeeze

The 5 most influential (historic) blog posts on Software ever

Don’t rely on the high dividend yields of consumer staples stocks

Forager is seeing Inflation risks

Notes from the SF Sohn conference and the Capitalize for Kids conference

Why Chinese short-video start-up Bytedance is supposed to be worth 75 bn USD

Some deep thoughts on how to apply Machine Learning to equity investing

« Older Entries