value and opportunity

A great interview with Marc Andreessen on how to schedule workdays and other stuff

The inspiring story of how coach Juergen Klopp transformed the Liverpool FC

Highly recommended: The UK Value Investor with a very nice post on how to calculate and judge the quality of growth of a company

Activist hedge funds are increasingly targeting companies that try to do “greenwashing”

Very interesting story on Joe Granville, the “original” David Portnoy like “stock market entertainer”

Volatility strategies have really been killed during the Covid-19 crisis

And finally a Wirecard link: Dan McCrumm tells his story (and don’t worry, there will be a Wirecard follow up post soon):

Warren Buffett has finally found his master in this …….daytrader who likes to pump (and dump) nano caps

Bill Ackman want to join the SPAC party (again)

OTC Adventures on LICT Corporation

YetAnotherValueBlog with an interesting deep dive into conflicts of interest at OneSpaWorld (OSW)

TikTok is not going away away time soon.

Good thoughts on the relationship of recurring revenues and potential moats

Fred WIlson on Covid-19 driven behaviour changes

The Brooklyn Investor on Buffett, Markel, Airlines, Banks, Insurance companies and more

A deep look into Netflix accounting practices

An interesting piece on the dire situation in Brazil

Great application of a 1940s stock book (Where are the customers’ yachts ?) on today’s markets 

Bill Gates’summer book list

Video interview with 3G mastermind Jorge Paolo Lemann (scroll to 00:58 hours for the most interesting part)

An interesting article on private company Epic Games which seems to become a dominating digital player

 

 

 

 

 

 

 

John Hempton is frustrated that he didn’t outperform more in March

A sobering look at the future of the restaurant industry (US)

Mark Cuban funded at Covid-19 compliance test of reopened restaurants in Dallas. The results are not good.

Some interesting thoughts from Prof. Galloway on “unusual” business strategies and their long term impacts (Apple, Amazon, Walmart etc.)

Disney will be the bellwether to see if and when things in tourism go back to normal

The Graham & Doddsville Spring 2020 issue is out

According to Glassdoor, the companies with the best Glassdoor employer ratings outperform indices significantly over time

Two links to Q1 fund letters: Link 1 & Link 2  (h/t Valueinvesting World)

A great story about the Luckin Coffee fraud

Great long read on Exxon and their current issues

Some deep thoughts on (US ) airlines (fuel hedging, network effects, Southwest)

The Undervalued Shares blog on activist investing in Germany/Europe (Agfa Gevaert)

The currently very productive Profit Hunting blog looks at Brookfield Infrastructure Partners

It might still take a while before “Value stocks” come back