Americas:
Firm Returns on Warner Bros Discovery (🇺🇸 WBD US － US$34 billion)
Value Don’t Lie on Labcorp’s coming spin (🇺🇸 LH US － US$19 billion)
Analyzing Good Businesses on Brown & Brown (🇺🇸 BRO US － US$18 billion)
Wolf of Harcourt Street on tech stock DocuSign (🇺🇸 DOCU US － US$12 billion)
Sleep Well on RV maker Thor Industries (🇺🇸 THO US － US$5.0 billion)
LATAM Stocks on Mexican PVC producer Orbia (🇲🇽 ORBIA* MM － US$4.4 billion)
Canadian Dividend on industrial Stella Jones (🇨🇦 SJ CN － US$2.8 billion)
Value Punks on tax refund company Global Blue (🇺🇸 GB US － US$1.0 billion)
Hindenburg on problems with Tingo Group (🇺🇸 TIO US － US$193 million)
From $100K to $1m on The Container Store (🇺🇸 TCS US － US$155 million)
Canadian Dividend on Canadian Net REIT (🇨🇦 NET-U CN － US$84 million)
Clark Street Value: net-net Quince Therapeutics (🇺🇸 QNCX US － US$57 million)
Europe:
Abilitato on British American Tobacco (🇬🇧 BATS LN － US$73 billion) (German)
Value and Opportunity on Handelsbanken (🇸🇪 SHBA SS － US$17 billion)
Turtles on Swedish gaming roll-up Embracer (🇸🇪 EMBRACB SS － US$3.0 billion)
YAVB on litigation financing company Burford (🇬🇧 BUR LN － US$2.9 billion)
Mr Market Miscalculates on Mayr-Melnhof Karton (🇦🇹 MMK AV － US$2.9 billion)
Clark Square Capital on OTA Lastminute.com (🇨🇭 LMN SW － US$373 million)
Moram on Italian small-cap Unidata (🇮🇹 UD IM － US$133 million)
RhinoInsight on driving school 123fahrschule (🇩🇪 123F GR － US$22 million)
Asia-Pacific:
Jehoshaphat: update on Techtronic Industries (🇭🇰 669 HK － US$17 billion)
Breeley Capital on beer producer Multi Bintang (🇮🇩 MLBI IJ － US$1.2 billion)
Oriental Value on watch retailer Oriental Watch (🇭🇰 398 HK － US$290 million)
Asian Century Stocks on Fuji Corp Miyagi (🇯🇵 7605 JP － US$190 million)
(estimated reading time)
Michael Mauboussin: ROIC and the Investment Process (31 pages)
Man Group: Alt-data: the key to predicting the next crisis? (8 mins)
Goehring & Rozencwajg’s 1Q2023 report: Hubbert’s peak is here (38 pages)
Marc Andreessen: Why AI will save the world (31 mins)
Junto Investments discussing pricing power (34 mins)
Matthew Ball: What it takes to build a large tech platform (1 hour)
Ben Thompson on Apple Vision (20 mins)
RBA Advisors: How are new bulls born? (4 mins)
Jesper Koll on Tokyo’s housing market (9 mins)
Aswath Damodaran on the recent banking crisis (21 mins)
Verdad argues for selling one-day options on a systematic basis (6 mins)
FarmTogether, Inc: Introduction to farmland investing (10 mins)
Open Insights with an update on the current market for crude oil (4 mins)
Palm Valley Capital on how earnings call mentions of inflation (7 mins)
(listening time)
Stan Druckenmiller on Nvidia, China’s future & more (32 mins)
Jeff Gundlach’s macro and market views June 2023 (58 mins)
Seawolf’s Vincent Daniel argues that the Fed put still exists (1:24 hours)
Ray Dalio on money, debt and the political landscape (26 mins)
Eric Basmajian: Markets are signalling a recession is imminent (54 mins)
Bob Robotti on his career & current outlook (33 mins)
Nassim Taleb on today’s macro picture and cryptocurrencies (31 mins)
Unlimited Funds’ Bob Elliott on macro and the hedge fund industry (1:11 hours)
Michael Skinner on launching a new fund Blackwattle in Australia (11 mins)
Jim Grant believes interest rates will stay high (45 mins)
Adam Shapiro on asset allocation and assessing fund managers (59 mins)
Gene Munster with his view on how to invest in tech in 2023 (40 mins)
Joseph Wang providing his view of Treasury markets in 2H2023 (1:14 hours)
Martin Fridson of Lehmann Livian Fridson Advisors on Fed policy (34 mins)
Jim Falbe of new value shop Saguaro, spun out of Vulcan (1:03 hours)
Alberto Gallo of Andromeda Capital on opportunities in credit (40 mins)
Value Stock Geek on writing on Substack and how he’s investing (1:16 hours)
Mathieu Chabran of Paris-based Tikehau Capital on the industry (1:11 hours)
Thomas Bachrach at PFH Capital on Natural Resource Partners (1:32 hours)
Business Breakdowns on First Citizens Bank (1:03 hours)
Marc Rubinstein on Capital One Financial (1:13 hours)
Mike Alkin of Sachem Cove on the supply & demand for uranium (48 mins)
Sara Naison-Tarajano of Goldman Sachs on how HNWI invest now (32 mins)
David Mitchison of Zennor: It’s time to buy Japan (48 mins)
Interested in Asian equities? Check out my sister publication Asian Century Stocks, which provides deep-dives on value stocks in the Asia-Pacific region:
Disclaimer: Monday Morning Links uses information sources believed to be reliable, but their accuracy cannot be guaranteed. The information contained in this publication is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in such publications are those of the publisher and are subject to change without notice. You are advised to discuss your investment options with your financial advisers, including whether any investment suits your specific needs. From time to time, I may have positions in the securities covered in the articles on this website.
Thank you for mentioning my write up on $TCS