value and opportunity

Whitney Tilson now has his own website / blog.

According to Andrew Left (Citron), the  recent IPO “The Amazon of Africa” Jumia is a complete fraud

Very Expensive stocks have outperformed now for some time

On Gazprom and why some Value Investments need catalysts

A16Z with a great post on why just having lots of data doesn’t create a defensible moat

Interesting perepctive: What Long term investors can learn from traders

Google is tracking a lot of stuff. For instance all your puchase receipts in Gmail, but free mobile games seem to be a lot worse

An interesting article on how Private Investigators are used by Hedge Fund investors

Some deep research on the planned Genworth Financial take over by China Oceanwide 

Ricegrowers Ltd from Australia could be interestng for investors into agricultural companies

The always brilliant Ben Thompson on Microsoft, Slack, Zoom & SaaS businesses

yetanothervalue blog with a range of thoughts and ideas

A good summary on what’s going on in the “spin-off” area

Fantastic story on a guy who invented algorithmic horse betting

Jeff Bezos’ letters to Amazon shareholders are the Berkshire letters of the Digital Age

According to its IPO prospectus, Uber isn’t so sure about these self driving taxi fleets

John Kingham (UK Valueinvestor) likes Rightmove

Paladin with an update of their Innogy case and TomTom (German)

Great article from Forbes on Venture Capital all star Andreesen Horowitz (A16Z)

A great story on Rich Barton, the founder of Expedia, Glassdoor and Zillow

Don’t miss: Rob Vinall sharing his thought on the importance of management:

Good analysis from the UK Value Investor why Interserve was taken over by its creditors.

Lyft, the new hot ride sharing IPO is to a large extent actually an insurance company

Interesting thoughts on Aviation Economics by Greenwood

Deep thoughts on Banks, Fintechs, Open Banking etc.

Naspers is (somehow) spinning of its Internet assets

FTAlphaville with a great post on cloud software stocks

Clark Street Value looks at Howard Hughes and Oncomed Pharmaceuticals

A nice take down on Taleb’s book “Antifragile”

Your brain on stocks looks like a very interesting new blog

Amazon’s secret weapon ? 150 Phd economists…..

Is “Wish” the next Amazon ?

YetAnotherValueBlog thinks KKR is too cheap

Zillow watch ou, Facebook seems to aim for the real estate market

Why (cheap) low growth stocks can be actually quite risky

Warren Buffett now has abandoned book value officially as measure for Berkshire’s success

Damodaran is  looking at the mess at KraftHeinz

Bill Gurley on the success of digital market places plus a checklist of what makes digital marketplaces interesting

Broyhill Investment’s 2018 letter

Deep thoughts on value chains (Walmart, Amazon, Google, Microsoft) from Ben Thompson

An interesting stock pitch on Nintendo

UK Fintech Revolut seems to be a tough place to work at

Warren Buffett’s 2018 letter to the Shareholders

A very interesting and comprehensive annual fund letter from Semper Augustus (h/t ValueInvesting World)

Zillow,the US Real Estate online classified leader, tries to become THE one stop shop for online real estate.

Morgan Housel has a very smart collection of the “different kinds of stupid”

The UK Value Investor has a look at HSBC

Good write up on Pershing Square Holdings and Central Securities

A great summary on how to create “Atomic habits”

The Rational Walk blogs looks back on 10 years of blogging

Ryan Holiday on how to seize the day

A collection of interesting investor letters from the Tollymore fund

Must read: Morgan Housel’s 29 Money Rules

Why Lithium and Cobalt prices are still falling