A deep look into the troubled airline industry
Interesting article on “Super Spy” and soon to be listed Mega Unicorn Palantir
Uber’s self driving car project is not making progress and why fully autonomous driving is still years away
Scott Galloway wants Disney to “Unleash the Mouse”
Interesting slide deck on the transformation of the New York Times
Yetanothervalueblog on Interactive Corp and ANGI
A very useful collection of recent investment research papers
UK retailer Next Plc has a highly interesting 6M report with many deep thoughts on retail and Covid-19
A good reminder that SPACs still are bullsxxx
Interesting interview with author and financial historian Edward Chancellor
Some deep insights into an Japanese activist story (Ryoyo Electric)
As indeed “winter is coming”, life will happen more outdoor than usual
A16Z on “deep” job platforms
A WSJ portrait of the short seller behind “Hindenburg Research” (Nikola)
Shocking news ! Fraud in Startup Land. How can this be ?
In Silicon Valley, “pre-telling the truth” is ok according to Alex Danco
For a change, FTAlphaville somehow recommends 4imprint, a UK based company
IPO’s are maybe not that bad compared to SPACs and direct listings
A great deep dive on London-listed Hypgnosis Song fund
A very good deep dive feature on Masa Son (Softbank)
Very interesting long term projections on energy usage from BP
When I saw the GM & Nikola announcement my first though was: This looks like Theranos and Walgreen back in 2016. Hindenburg Research is of the very same opinion: Nikola is a fraud. And yes, that’s what SPAC’s are really good for…
Great stuff: Bessemer Ventures has posted some of their internal investment memos including Wix (2007) and Shopify (2010)
The Brooklyn investor has a first look at Warren Buffett’s Japanese stock basket
Preis and Wert blog has a great write up on JDC Group (in German, the other parts of the insurance broker series are highly recommended, too)
Very interesting feature on Reed Hastings, CEO of Netflix
Great deep dive on Uber’s business model
A good reminder: Even the best companies see deep draw downs in their stock prices at one point
Even Seth Klarman’s Baupost seems to have lost it with investors
Must read: Dan McCrum summarizes the Wirecard story (so far) in the FT including many new interesting details
FT Alphaville thinks that ESG darling Tomra is wildly overvalued
The event industry is having its “Napster moment”
According to rumors, Softbank has been buying Tech stock options like crazy
Good advice: Save like a pessimist, invest like an optimist
Fred Wilson from AVC has some interesting thoughts on SPACs
Prof. Damodaran with a comprehensive market update
Softbank backed Finance company Greensill is part of some “interesting” financing shenanigans structures
The UK Value Investor with a nice write up on Jupiter Asset Management
“Uncle Warren” Buffett has significantly reshuffled his bank holdings
An interesting article on how Apple tries to force Apps/Companies to enable in-app purchases in order to get their 30% cut
A great inside story on stock trading app Robinhood
FTAlphaville on why stock splits can actually matter
Broyhill likes Emerging Market Airports as counter cyclical investments
Good to remember: Stock splits are only “paper shuffling”
Fortnite maker Epic (owned by Tencent) is suing Apple and Google on app store monopoly
Great post on the almost forgotten bicycle stock bubble of the late 1890s
David Einhorn still seems to be long stuff that goes down and short stocks that go up
Half Year letter TGV Intrinsic (Mercado Libre, FEMSA)
IAC reveals a 12% stake in MGM Resorts International and explains why
Fellow blogger Wexboy with his 6M portfolio review
Overstock looks like a good candidate to short
Must read: The LT3000 blog on structural market inefficiencies (and Hongkong Land)
The unbelievablee Government assisted “pump” of the Kodak share
Unlike other multinational chains, Starbucks is really struggling through the pandemic
Nice write up on Vertiv from GreenWood
“Next generation Buffett wannabe”Sardar Biglari has seen better times
RV Capital’s half year letter (New position: Prosus)
A deep dive into the structural fraud culture of Chinese Companies
A more positive take on SPACs from a VC perspective
And a more negative opinion on SPACs from a value investor perspective
And finally a deep dive into Bill Ackman’s recent 4 bn “super SPAC”
Fantastic story about a “Stock market oracle toad” during the 80s Japanese Stock frenzy
Good write-up on UK based Headlam as a potential counter cyclical opportunity
Must read: Morgan Housel trying to make sense of today’s world via five stories
Rob Vinall’s take on Wirecard
Some smart thoughts if and what type of “value investing” might work in the future
TGV Partners 6M 2020 report (DCC, TGS Nopec & others)
TGV Rubicon Stockpicker 6M 2020 report
Very good write-up/update on UK ad company System1
Interesting Freudian approach trying to explain the adversity of Americans to face masks
value and opportunity 