value and opportunity

Rob Vinall (RV Capital) has released his 2018 letter with deep thoughts on subscription models. There will also be a Live Stream of his upcoming investor meeting

Marketfolly has good write ups on the London Sohn Conference

Interesting thoughts on the strength of different platform business models

GreenWood Investors explains its “12 month re-underwriting” process

Fellow blogger Wexboy with his 2018 review as does JohnKingham (UK Value Investor)

Strong versus weak technologies

Yet another value blog with write up on Radisson Hospitality and Telecom Italia

Eddie Elfenbein’s Buy list 2019 has been released last week

The Bull, Bear and Value blog with a 2018 portfolio recap

Some December Spin-off links

Nope, US Steel stocks did not benefit from the steel tarifs

Some notes from a Value Investing Conference in NYC (h/t Valueinvestingworld)

Cautious remarks from Fred Wilson on the cash burn of VC backed companies

An interesting book list from A16Z

Great advice from Ryan Holiday on how to create better habits

Bill Gates explains what he has learned in 2018

Madison Square Garden (MSG) looks like a very interesting Spin-off situation

OTC Adventure blog has a few stock ideas around the world

A great report on a crazy 4 day “Crypto Cruise”

John Huber thinks Facebook is undervalued

Part 2 of a dental industry series from the GlobalStockpicking blog

Ben Thompson on aggregators and jobs to be done

A cool list of 52 things learned in 2018

One hedge fund thinks that MicroFocus should be worth twice its current share price

In contrast, UK Construction Group Kier looks like a short 

Interesting story about the founder of Panera Bread and shareholder short-termism

WIll Amazon go for Health Care next ?

Investments based on demographic trends are very difficult (funeral services edition)

Barry Ritholz is angry about Buy backs of the wrong kind

Interesting deep dive into the world of Lithium-Ion batteries

Venture Capital seen from a Capital Markets / Hedgefunds perspective

Another reminder that BBB corporate debt could become a problem at some point in the future

Very interesting thoughts on “the curse of low hanging fruits”

10 interesting book recommendations for the upcoming holidays

Why Starbucks has been able to create the most popular payment app in the US

A good overview of recent Spin-offs

Instagramm influencer marketing is now a really big thing

Prof. Damodaran thinks that GE is undervalued and 5 lessons to be learned from the GE debacle

Great profile of Shane Parish (Farnam Street Blog)

Warren Buffett has been buying JP Morgan, Oracle and other Financials.

Great CNBC interview with John Malone (h/t valueinvestingworld)

MBOs seem to be an indicator that an industry might be undervalued

GlobalStockPicking looks at the Dental industry

A great overview on where innovation will happen next from Benedict Evans (A16Z):

A great look back 10 years ago when Porsche created the Volkswagen Short Squeeze

The 5 most influential (historic) blog posts on Software ever

Don’t rely on the high dividend yields of consumer staples stocks

Forager is seeing Inflation risks

Notes from the SF Sohn conference and the Capitalize for Kids conference

Why Chinese short-video start-up Bytedance is supposed to be worth 75 bn USD

Some deep thoughts on how to apply Machine Learning to equity investing