value and opportunity

Notes from the Daily Journal annual shareholder meeting (Charlie Munger)

Driverless cars might not be a safe as their main promoters often claim

A great and comprehensive list of essential readings to understand Crypto & Blockchain

Highly recommended: The 2017 Broyhilll Book club list

Some deep thoughts about what to do in a stock market correction (Spoiler: Nothing)

The UK value investor has a good post on how and when to let winning stocks run

Two of my favorite writers having a conversation: Matt Levine and Tyler Cowen

Low risk banks seem to be relatively better investments than their risky peers

Is chip maker AMD a potential “Proxy short” for Crypto currencies (Ethereum) ?

Polleit & Riechert 2017 letter

Bronte doesn’t like potential short selling disclosure rules (for good reason)

Ben from WertArt invested into Geospace Technologies

Very interesting htought: Could Expedia & Priceline become Hotel brands ?

The UK Value Investor explores if Interserve and 4GS could be the “next Carillion”

 

 

 

The 2017 annual letter of the TGV Truffle fund (Tripadvisor, India)

a16z podcast on the state of self driving cars

Ben Thompson on the Amazon / Berkshire / JPM Healthcare Healthcare announcement

Why predicting the future is really really hard

The Winter issue of Graham & Doddsville 

“Alpha Male” Hedge Fund managers on average seem to underperform

Pershing Square (Bill Ackman) investor presentation 

2017 Letter to shareholders for the TGV Partners Fund

2017 Letter to shareholders from Rob Vinall (RV Capital)

2017 Letter to shareholders from TGV Rubicon Stockpicker

Oaktree’s Howard Marks with his latest memo

John Kingham (UK Value Investor) with his leesons learned in 2017

The 5 levels of investor evolution

And a Jack Ma (Alibaba) interview from the World economic Forum

 

 

Fellow blogger Wexboy had a very decent year in 2017

Interesting (and funny) post of someone who founded a very unique Private Equity fund in 2017 (and met Charlie and Warren) (h/t Valueinvestingworld)

2017 Annual letter of the Fundsmith Equity fund

David Einhorn’s Q4 2017 letter

MUST READ: Some deep (and balanced) thoughts on the potential longer lasting effects of Blockchain technology (Watch out Uber, Facebook, Google…)

The UK Valueinvestor looks at UK homebuiler Galliford

Farnam Street blog explains how to use Expected Value in decision making

 

 

Prof. Damodaran analyzes the impact of the US tax code changes

Morgan Housel with some deep thoughts on financial markets and addictions

Some thoughts on the Softbank / Uber deal

Software companies usually don’t have big moats (h/t Valueinvestingworld)

The Value Investing France blog with its 2017 review

The 2020 sulfur cap on ships might  lead to profound impact on commodity trading

Forager on symptoms of a stock market mania

 

Mark Zuckerberg wants to look at Crypto Currencies in 2018

Prof. Damodaran has released his annual data update on > 40k companies

Jeremy Grantham sees the “risk” of a near term market “melt up”

UK Value Investor with an in-depth review on why he sold BP

Bloomberg article describing Masa Son’s (Softbank) unorthodox VC investment style

December Issue of Value Investor Insight (h/t Valueinvestingworld)

Plus a selection of the Top 10 Videos of a16z (Andreessen & Horowitz)

Michael Mauboussin on how to compare alternatives

Year end portfolio review of Clark Street Value

Eddy Elfenbein has released his 2018 buy list

A good write up on Dairy Farm from the Globalstockpicking blog

Digital advertising is a massive duopoly

Why Bitocin took so long to succeed 

Estonia seems to be the first E-Country