value and opportunity

WeWork is coming back as a SPAC. Is it any better now ?

Muddy Waters on the Archego blow up

Matt Mullenweg, founder of WordPress, has some beef with competitor Wix

International Value Advisors (IVA) once had 10 bn under management but has shut down recently

Jamie Dimon’s annual letter to JPM shareholders is worth a read especially Chapter III on competition for banks

Pareto Securities is organizing an online  Tech/It conference (open also “for free” for private investors) on April 20th with a lot of interesting Small Cap companies form Germany and Norway (including Bouvet).

An interesting view: Comparing the build up of avalanches with financial markets

 

 

Bloomberg article on the meltdown of the Archegos Hedgefund

A “Must read” memo from Rob Vinall on how to adapt to rapidly changing markets   

Prof. Damodaran with an interesting deep dive into rising interest rates vs. stock valuations

The Atlantic on the potential of mRNA technology

Yetanothervalueblog likes Discovery, one of the Archegos “victims”

A “conversation with Bill Ackman” from January but still relevant (SPACs etc.)

The thirst for growth assets is met by increasing supply

Interesting starter post on “Nordic Sidecar Investing”

A very critical look at the Deliveroo IPO

Value Investing with Legends Podcast with Florian Schuhbauer and Klaus Roehrig – Applying Activist Tactics to European Markets

Yale University owns a (now) 373 year old Dutch Bond that is still paying interest

Can Intel “pull off a Microsoft” this time ?

Good Investing with a nice interview with Per Brilioth (Vostok New Ventures)

Bill Gates does another AMA on Reddit

 

 

Felix Salmon tries to explain what is going on in today’s YOLO market

Beeples “NFT” sold for 69 mn USD, Jack Dorsey’s first Tweet is “only” worth 2.5 mn USD

A deep look into Coinbase pre IPO

John Hempton tries to answer the question who is holding the bag in the Greensill debacle (part 1 , part 2) besides the German Taxpayers 

Bessemer Venture’s State-of-the-cloud 2021

Ben Thompson with a deep dive into Roblox

AerCap is acquiring GE’s airplane leasing business

Very interesting deep dive on Amazon’s cash flow statements

Video from the annual shareholder meeting of Fundsmith (Terry Smith)

Deep read on lipid nanoparticles which made mRNA vaccines possible

In the US, Sports programming has suffered badly last year

March Spin-off links from Stock Spin-off Investing

A great reminder from Klement on Investing that currency speculation is really hard

Investor Amnesia on historic bubbles of collectibles (Rabbits, hens, Tulips…)

Berkshire Letter to Shareholders 2020

Broyhill Q4 Letter including a write up on Sam Zell’s Equity Commonwealth (EQC)

YetAntotherValueBlog with its wide ranging monthly post (Virtu, SPACs etc.)

Sneakers have become a financial  asset class including, indices, exchanges and of course HFT bots

Digital block chain linked videos seem to become a “hot” asset as well

Clark Street Value on the Technip Energy Spin-off situation

RagnarisaPirate really likes Thryv

 

A very good analysis why once famous Value investor Bruce Berkovitz has been struggling for the last 10+ years

SmallCapsEurope with a very detailed write-up of French Software Microcap ITESOFT

Recommended: Paul Graham essay  (Founder of Y Combinator) on his own (crazy)  life (so far)

Global Stock Picking blog with a portfolio update

Ben Evans on the State of “Tech”

How Worm Capital went from Turn-around investor to Tech Highflyer Hedge Fund

Undervalued Shares has included my humble Blog in its “blogs to watch” series

And as a special service: The All German Shares – The Complete Series as a single pdf file

 

The usual brilliant post from Morgan Housel on 3 character traits that are bad for investors

Undervalued Shares has discovered the “Amazon of Iran” disguised as Swedish stock

Good Investing with a very interesting interview with the CEO of Naked Wines

Profit Hunting with a write-up of SNAM, the Italian natural gas network

The case against food delivery platforms (h/t SL)

Food for my new “passion”: A very good Biotech reading list from A16Z (scroll down)

Interestingly, Tesla is not accounting its Bitcoins as “money” or currency

Prof. Damodaran on “Price – Value feedback loops”

Valuesque with an interesting  deep dive on SNP’s order book and POC accounting (IFRS 15)

Telescope Investing with a 2021 “Disruptive portfolio”

Stratechery on Jeff Bezos stepping down and  Amazon

An interesting “reverse engineering” of a Charlie Munger “Deep Value” investment from 2001 (h/t to reader SG) 

Great post from Josh Brown how actually David can beat Goliath in the stock market  (Spoiler: not via wsb)

Mathew Ball on how Apple these days is acting as a typical monopolist and inhibiting progress