Monday Morning Links 2023 Week 33

Global stock-related links

($ = behind a paywall)

Americas:

• Eagle Point: odd lot tender in Johnson & Johnson (🇺🇸 JNJ US － US$452 billion)

• Wall St Gunslinger brief on Occidental Petroleum (🇺🇸 OXY US － US$58 billion)

• Emeth Value on Brookfield Corporation (🇺🇸 BN US － US$56 billion)

• Software Analyst on Cloudflare (🇺🇸 NET US － US$21 billion)

• Special Situation Investing on MDU Resources (🇺🇸 MDU US － US$4.4 billion)

• Pillars & Profits on consumer finance co. Nelnet (🇺🇸 NNI US － US$3.6 billion)

• LatAm stocks on gold miner First Majestic (🇲🇽 AG US － US$1.8 billion)

• From $100K to $1M to OneWater Marine (🇺🇸 ONEW US － US$399 million)

• Invariant on United-Guardian (🇺🇸 UG US － US$35 million)

Europe:

• Guy Davis on EM fund manager Ashmore (🇬🇧 ASHM LN － US$1.8 billion)

• Giles Capital on Ferrexpo (🇬🇧 FXPO LN － US$644 million)

• Breeley Capital on e-commerce company CDON (🇸🇪 CDON SS － US$153 million)

• Under-Followed-Stocks on Transense Tech (🇬🇧 TRT LN － US$18 million)

Asia:

• Continuous Compounding on Haier D-share (🇨🇳 690D GR － US$29 billion)

• Pangolin Asia Fund on Metrodata Electronics (🇮🇩 MTDL IJ － US$412 million)

• Asian Century Stocks on Sierra Rutile (🇦🇺 SRX AU － US$56 million) ($)

• Altay Capital on Sapporo Clinical Laboratory (🇯🇵 9776 JP － US$31 million)

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(estimated reading time)

• Base Hit Investing: Why Buffett bought Japanese stocks (10 mins)

• Andrew Walker: Underwriting overconfidence (7 mins)

• Hosking Partners on offshore drillers (10 mins)

• Exante Data: The rise and fall of FDI into China (7 mins)

• Apricitas Economics: The EU’s fragile recovery (5 mins)

• Joachim Klement: The psychology of loyalty cards (4 mins)

• Goehring & Rozencwajg: The 1970s gold bull market vs today (6 mins)

• Calafia Beach Pundit argues that inflation pressures are easing (6 mins)

• VGI Partners’ 2Q2023 letter on CME Group, Amazon, GE Healthcare, etc (12 pgs)

• Greenhaven Road’s 2Q2023 letter on Hagerty, Lifecore, etc (9 pages)

• Argosy Investors’ 2Q2023 letter on ZROZ, Endava, and more (4 pages)

• Vulcan Value Partners’ 2Q2023 letter on Elevance Health, Genpact etc (16 pgs)

• Gator Capital’s 2Q2023 letter with an update on US regional banks (8 pages)

• Baron FinTech Fund’s 2Q2023 letter on Nubank, Apollog, etc (5 pages)

• Undervalued Shares: Interview with António Batista, Part 2 (32 mins)

• Asian Century Stocks with a list of top 20 book recommendations (13 mins)

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(listening time)

• David Kotok discussing Fitch’s UST downgrade, interest rates, etc (42 mins)

• Ted Seides on his new book Capital Allocators (1:26 hours)

• Sachin Khajuria vs Brendan Ballou on pros & cons of private equity (56 mins)

• Stock Spin-off Investing’s Rich Howe on US special situations (46 mins)

• Jonathan Boyar on special situations, including Uber (1 hour)

• Chris Mayer discussing his new book How do you Know (58 mins)

• Akre portfolio manager John Neff on how he invests (38 mins)

• Daniel Bakalarz at Unison AM discussing Brazil’s Nubank (1:06 hours)

• Half Moon Capital on the thesis for Keurig Dr Pepper (53 mins)

• Ross Levin on Credit Agricole’s Cooperative Investment Certificates (49 mins)

• Stanley Tsai on Smartkarma discussing his outlook for Chinese banks (27 mins)

• Leland Miller sees a cyclical upturn in the Chinese economy (11 mins)

• Platinum AM: The case for investing in Japanese equities (48 mins)

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Citigroup’s Panic/Euphoria model is showing full-blown euphoria. Source: Citigroup Investment Research

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