Peak SPAC ? A non-revenue healthcare litigation company wants to be valued at 32,6 bn USD.
Half year fund letters:
Fascinating paper on the massive Albanian Ponzi system of 1996-1997
Nice pitch for European stocks vs American stocks
Very interesting deep dive into Roku
And a pitch for Imperial Brands
To make it three: Write-up on Brook Compton
A banking stock that los -93% without any (obvious) fraud
Very good post on “playing the losers game” by avoiding “unforced errors” (h/t S4V)
Why keeping cool despite meme stonks and crypto might be a good idea
Investing into Carbon Prices looks almost like a no-brainer
Short write-up on EV charging stock Chargepoint
Great write-up on Total Produce (Merger, De-Listing, Re-Listing)
Another outstanding post from Net Interest (Marc Rubinstein) on the long decline of Western Union
Joachim Klement makes an interesting case for “Green Tech Royalty Companies”
A good reminder how outstanding Phil Fishers Book “Common stocks, uncommon profits” really was/is
June 2021 Spin-off links
A big pitch for Angel VC investing by Meb Faber
Some reflections on holding stocks for 10 years
Great reminder that thematic funds are usually not good investments
On the difficult relationship between Restaurants and Delivery Apps
The founders of a South African Crypto platform disappeared with a few billions of Bitcon
Zero Knowledge Proof (ZKP) technology could solve a lot of issues with data privacy
John Kingham with an in-depth look into QinetiQ
Swen Lorenz on SBM (Société des Bains de Mer et du Cercle des Etrangers à Monaco S.A)
Noah Smith interviews Marc Andreessen
Investors are maybe too optimistic about stock market returns
And a special link: Anyone who registers on Swen Lorenz Undervalued Shares website, get his new Ebook with the best Finance blogs of the world for free (incl. V&O)
Useful vocabulary if you want to follow r/wsb
A super helpful list for “sniff tests” on company management
Great profile on Australian Private Equity investor William Dingby
Podcast with great insights on Moderna and mRNA technology
Winners and Losers of a “Work from Home” world
The delivery model is a big differentiator for E-Commerce business models
Good write-up on how Nintendo seems to better monetize their IP
Highly interesting post from Marc Rubinstein on Maker DAO, a fully decentralized Crypto bank
Good write-up on UK micro cap Quarto Plc
Yetanothervalueblog with some deep thoughts on the Music Industry
Deep Insights into the “Deca-Unicorn” Stripe
The always excellent Morgan Housel on the importance of “Managing Expectations”
Good profile on John Rogers (Ariel) who is very bullish on Value Investing
Interesting feature on David Rolfe from Wedgewood Partners
The New Yorker with a feature on the “Master of SPACs” Chamath Palihapitiya
Nine (strong) arguments for ESG Investing
Restaurants in the US are scaling back delivery options
The Pro-Brexit CEO of JD Wetherspoon wants more migrant workers for the UK
An interesting article on how Amazon forces market place sellers not to sell cheaper elsewhere
Good interview by Good Investing with the two founders of Worm Capital
Marc Rubinstein with his Adventures in Cryptoland
Recommended: A surprisingly good (German) Reddit forum on Investing and stock analysis
Prof. Damodaran with a very comprehensive post on inflation and potential impacts on asset prices.
Morgan Housel explains why real long term thinking is hard
A good collection of Spin-off related links
A great “Post mortem” analysis of an investment (Viacom) with important conclusions
Very good examples on company growth that does not create value
Paul Graham on “Fierce nerds”
Google is experimenting with physical stores
Very interesting interview with Daniel Kahnemann
In a surprising U-turn, the IEA has gone “full electrification” in their new report “Net Zero by 2050”.
Great story on Kongo Gumi, a 1400 year old company from Japan
Gary Kasparov is once again trying his luck in Online Chess
Podcasts might still have a long runway for growth
An excellent write-up about Thomson Reuters and why it could be really interesting
The always excellent Matthew Ball on how a Entertainment Company should look like these days
The case for an extended bull run for “Value Stocks”
Interesting perspective: Crypto as “in-game currency” in the “Great Online Game”
FtAlphaville on the what is going on at Carson Block target Solution 30
If the US wants to increase its share in renewable power, the electrical grid requires a massive upgrade
The LT3000 blog on inflation and other things
value and opportunity 