value and opportunity

Let’s start with a Goodie: Pareto Securities is holding its annual TechIT conference on March 30th. It is a virtual event and also open for non-professional investors. And it is good value because it is free.

GlobalStockPicking with a very nice write-up on Swedish MedTech RaySearch

In depth interview on the “metaverse” with a 19 year Second Life veteran

Marc Rubinstein on the current Russia issues of Airplane Leasing companies (AerCap)

Good deep dive into the “premium alcohol” market from Lindsell Train

A comprehensive market update from Prof. Damodaran reflecting the impact from the war in UKraine

Heat pumps look like a no brainer these days

A couple of really helpful matrices to cluster investments

A few days ago, the number of subscribers passed the 3000 mark. I feel extremely proud and also humbled that 3000 persons across the globe read my stuff on a regular basis despite all the typos and bad grammar. Thank you very much, this is really a great motivation to keep going !!!

Sprucepoint Capital has released a short report on c3.ai

Great deck from Altafox about its activist campaign for/against Hasbro

Asiancenturystocks has a very comprehensive overview on Asian stock markets

Deep insights into Amazon’s ad business (these ads by the way annoy me big time as “power user”)

A good reminder from Ben Inker (GMO) on what mistakes to avoid in this market

Nice write-up on my former portfolio investment Installux

Ben Evans summarizes 10 big questions for the Tech sector in 2022 (and beyond)

Great feature on Roloef Botha, CEO of legendary VC Sequoia

Prof. Damodaran with a valuation Update of the FANGAM stocks

Some interesting thoughts on rising interest rates and banks from Marc Rubinstein

Slide deck on the Westwing investment case

Long deep dive into legendary Hedge Fund Coatue

On Spotify and its Podcasting business

A deep dive into Gaming company Take-Two and its Zynga acquisition

Interesting feature about “NFT Investor” MetaKovan

Good article on successful stock bloggers (Jeremy  Raper)

The Monevator on Decentralized Finance (DeFi)

Great article from “legend” Charles D. Ellis about his personal investment highlights

OAM 2021 letter to investors with a Bull case for Asia (China, India)

Great post from Neckar on David Tepper (Appalosa)

Marc Rubinstein on Swiss Private Banking and UBS

Good feature on short seller Nathan Anderson (Hindenburg)

Financial advice on TikTok is ….gross

Start-up funding in 2021 doubled to over 600 bn globally

Rob Vinall’s 2021 letter to investors (Carvana)

The New Yorker on DAOs

The case for Crypto being a big Ponzi

An interesting look  into the underwhelming performance of Hedge Funds

TGV Truffle had a great year, annual letter to be found here (Zooplus, Aareal, Talgo)

TGV Rubicon annual letter 2021 (Aumann, Hostelworld, Ceconomy)

Good write-up on French “Hidden Champion” Pharmagest Interactive

Interestingly, Norway has become the forerunner for heat pumps

An in-depth look into the Activision-Blizzard acquisition by Microsoft

Some deep thoughts about long term implications of company capital allocation for investors

Scott Galloway with an interesting perspective on the Elisabeth Holmes/Theranos trial

MSA Capital 2021 annual letter (Sytem1, ABF)

Interesting 2021 Letter from a fund I didn’t know: Curreen Capital

2021 Shareholder letter from newly founded REQ Capital (Constellation Software)

Fundsmith 2021 letter to shareholders (Unilever)

Lou Simpson, the legendary CIO of GEICO passed away last week

A great in-depth look into the Beanie Baby Bubble in the late 90s

Joachim Klement with interesting stats on National differences in productivity

Interesting long read about Matt Mullenweg who wants to create the “Berkshire of the Internet”.

Deep dive into soon to be listed PE stalwart TPG from Marc Rubinstein

Some insights into what you actually get when you buy an NFT (hint: It’s not even the pixels…)

Great Morgan Housel post on the power of stories and irrational actors

A good reminder from Morningstar, how awful SPAC deals are for “non-promoters”…

After a few decades of deflation, Japan looks cheap from a currency perspective

The Alpha Vulture blogs celebrates 10 years and an incredible track record of 30% p.a.

Always worth a read: Saxobank’s ten outrageous 2022 predictions

Eddy Elfebein’s 2022 buy list is out

Interesting Tweetstorm from Vitalik Buterin on many aspects of Crypto

Highly recommended: An interesting and comprehensive 2021 review from Searching4value

A collection of 21 things that got better in 2021

Maynard Peyton’s 2021 review is worth reading (UK small cap focus)

Clark Street Value had an impressive 2021

“It turns out that (Bill) Foley is John Malone on steroids” – self recommending

Decent write-up on TFF Group

Some book recommendations from Morgan Housel

Good deck from VEF on the Indian payment opportunity

Chinese company Shein is disrupting Fast Fashion

Recommended: Ben Evans annual presentation on future trends

A good perspective on stock buybacks from Junto