value and opportunity

The best definition/explanation of Bitcoin I have read so far (Spoiler: Bitcoin is Art)

Tyler Cowen on Magnus Carlsen and the future of Chess 

Highly recommended: Very insightful analysis why Casper (Online Mattresses) didn’t make it as a public company

A nice pitch for Nintendo as an investment

Nice review of “The Delusions of Crowds”, a new book by William Bernstein

Monevator on the end of P2P Lending (in the UK)

A very critical but equally fascinating interview with one of the Cofounders of the ConstitutionDAO

 

Greenwood Q3 letter on short selling and owner-operated companies

An interesting intro into the fertilizer market including investment opportunities

The 5 favorite books that Bill Gates read in 2021

Annual portfolio update of Bull, Bear & Value including a few interesting Israelian stocks

Great deep dive into payment company Adyen

Q3 letter of Hayden Capital with interesting thoughts on “next Gen” consumer behaviour

WaPo article on how chess is evolving into an E-sports discipline (unfortunately no mentioning of Play Magnus)

“NegatIve Visualisation” is an interesting exercise for any investor

Roger Lowenstein on US Inflation

A very interesting HBR long read on how NFTs can create Value

Scientists have discovered on how to turn Ammonia into electricity without toxic by products

Some interesting notes on Assytem from France

This week, General Electric, Johnson & Johnson and Toshiba announced to split themselves into smaller entities

Prof. Damodaran with a valuation update on Tesla

Interesting collection of Asian Stock ideas “borrowed” from fund letters

Food for thought: Morgan Housel on external vs. internal Benchmarks

Swen Lorenz on Naked Wines after the Hedge Fund Pitch

John Hempton (Bronte Capital) September letter to investors

Interesting stock picking/investment process from Junto (h/t S4V)

John Kingham with a deep dive into Next Plc

A good pitch for Booking.com as travel recovery play

Nice write-up on Willis Towers Watson Plc from Value Situations

Money like never before keeps flowing into Venture Capital

A comprehensive overview of risks and opportunities in the food delivery space from McK

Searching4value had a closer look into MO-BRUK, a Polish Waste Management company

An interesting look into Robertet, a true “hidden Champion” from France

Ruffer with a very bleak outlook on markets going forward

Excellent deep dive into GLG and the business model of Expert Networks

Excellent write-up on the Warsaw Stock Exchange from GlobalStockPicking

Why IBM missed the Cloud business

End of quarter review by the Value Situations Blog

There is good reason to believe that Renewable Energy will continue to become (much) cheaper

Derek Thompson on the “everything shortage”

October Spin-off round up

VERUS Capital likes Bayer, Ping An and John Menzies (German)