Monday Morning Links 2023 Week 32
Monday Morning Links 2023 Week 32
Global stock-related links
Americas:
Invariant on US cigarette maker Altria (๐บ๐ธ MO US ๏ผ US$78 billion)
Capital Incentives, update on Zebra Technologies (๐บ๐ธ ZBRA US ๏ผ US$13 billion)
Capital Incentives with an update on Qualys (๐บ๐ธ QLYS US ๏ผ US$5.3 billion)
Value Donโt Lie on spin-off Concentrix (๐บ๐ธ CNXC US ๏ผ US$4.1 billion)
Investing With Wes on GigaCloud Technology (๐บ๐ธ GCT US ๏ผ US$285 million)
Clark Street Value on lender HomeStreet (๐บ๐ธ HMST US ๏ผ US$198 million)
Europe:
Librarian Capital on British American Tobacco (๐ฌ๐ง BATS LN ๏ผ US$73 billion)
French Hidden Champions on Bollorรฉ (๐ซ๐ท BOL FP ๏ผ US$18 billion)
Value & Opportunity on Laurent Perrier (๐ซ๐ท LPE FP ๏ผ US$834 million)
Modern Investing on EdiliziAcrobatica (๐ฎ๐น EDAC IM ๏ผ US$157 million)
Asia:
Eloy Fernandez on Straco Corp (๐ธ๐ฌ STCO SP ๏ผ US$291 million)
Oriental Value on Taste Gourmet (๐ญ๐ฐ 8371 HK ๏ผ US$83 million)
Junk Bond Investor on Highway Holding (๐ญ๐ฐ HIHO US ๏ผ US$9.0 million)
(estimated reading time)
Joachim Klement: Geopolitical events donโt matter for investors (5 mins)
Variant Perception on emerging markets in a capital cycle perspective (2 mins)
Boyar Research: The hidden asset method (6 mins)
Value Investing Substack on the history of EBITDA (10 mins)
Augustusville Substack 2023 half-year portfolio update (8 mins)
Third Pointโs 2Q2023 letter discussing Danaher, Shell and more (13 pages)
Praetorian Capitalโs 2Q2023 letter on uranium, St Joe, oil, etc (7 pages)
Immersion Invโs 2Q2023 letter on MPAA, Basic-Fit, Franklyn Covey (14 pages)
Greenwood Investorsโ 2Q2023 letter on American homebuilders (6 pages)
Greystone Capitalโs 2Q2023 letter on RCI Hospitality, Basic-Fit, API, etc (9 pgs)
Polen Global SMID Capโs 2Q2023 letter on Alight, Markel, Shift & Tomra (6 pgs)
Maran Capitalโs 2Q2023 letter on API, Cadre, Clarus, CTT, Vistry (6 pages)
Hosking Partnersโ 2Q2023 letter discussing Japanese equities etc (6 pages)
Horizon Kineticsโ 2Q2023 letter discussing bubbles & ETF distortions (41 pages)
Kopernik recent commentary arguing for investing in commodities (23 pages)
Interview with Rebecca Pacholder of Snowcat Capital (26 mins)
Mindset Value on Mexican homebuilders including Consorcio ARA (3 mins)
Oshadhi Kumarasiri at Smartkarma on Japanese consumer staples (11 mins)
Asian Century Stocks with travel notes from Manila, the Philippines (9 mins)
(listening time)
Jamie Dimon on CNBC: Part 1, Part 2, Part 3, Part 4 (17 mins)
Veteran podcaster Ted Seides with a crash course in interviewing (1:04 hours)
Samo Burja argues that a small group of individuals shaped history (1:09 hours)
Kyle Bass at the Hudson Institute arguing the PRC is preparing for war (1:16 hrs)
FinTwit personality Shrubbery Capital with his market outlook (51 mins)
Ed Altman thinks commercial bankruptcies are set to spike in 2024-25 (51 mins)
Jacques-Aurรฉlien Marcireau of Rothschildโs Big Data Fund on AI (27 mins)
Britainโs Richard de Lisle on the value of US small caps (14 mins)
Wealth manager Geoff Saab on his new book Low Risk Rules (56 mins)
Derrek (@real_MikeBarnes) on gold miners, Nintendo and more (1:15 hours)
Julia Angeles at Baillie Gifford on Argenx (44 mins)
Motley Foolโs Lou Whiteman on Transdigm (49 mins)
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.
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