Dear members,

Our Best Ideas 2022 online conference takes place this week!

Join us from Wednesday through Friday and discover the favorite investment ideas of more than fifty great instructors from the MOI Global community.

As a member, you enjoy complimentary access and are automatically registered. Simply visit the MOI Global website starting Wednesday morning.

Warmly,

John

An MOI Global Highlight

Bill Cummings: Lessons and Legacy — A Worthy Path in Business and Life | MOI Global — moiglobal.com

We spoke with Bill Cummings, the billionaire founder of Woburn, Mass.-based Cummings Properties and a signatory of The Giving Pledge.

Quote We Are Contemplating This Week

11 Articles We Are Reading This Week

1. Reflation - Michael Cembalest

2. Foley's story - Canuck Analysts

3. Process focus - Jacob McDonough

4. Urban firestorm - David Wallace-Wells

5. Wolfe's warning - Maxwell Strachan

6. Being successful - Sam Altman

7. Futility of hatred - Ravi Nagarajan

8. Stock market history - Drew Dickson

9. Iridium's rise and fall - Sydney Finkelstein

10. Empathy in investing - Sean Stannard-Stockton

11. Belichick's superpower - John Huber

Letters, Presentations, Writeups...

Industry Insights: cloud software | cyclicals | fast fashion | logistics | nanotech | newspapers | personal care | semiconductors | skiing | sporting goods retail

Letters & Commentaries: Absolute Return | Discipline Funds | ETH Zurich | Goldman Sachs | J.P. Morgan | Octahedron | Pender | Permanent Equity | Vltava

Company Writeups: 7-11 Malaysia | Basic-Fit | BJCORP | Cognizant | Copart | Essentra | Evercel | Gannett | Golar LNG | Groupon | Hubspot (short) | Intel | Kazatomprom | Smart Global | Technip | Tobii | Zscaler

Company Slides: ABB | Graham Holdings | Lindsay | Smart Global | Walgreens

Chart of the Week: Value vs. Growth

5 Podcasts We Are Listening to This Week

1. Nightcrawler - Christopher Tsai on becoming a great investor

2. Compounders - Stan Bergman on building Henry Schein

3. Business Brew - Kristi Ross on building and selling companies

4. Masters of Scale - Marc Andreessen on the secrets of great timing

5. Meb Faber Show - Leonard Mlodinow on harnessing emotions

6 Videos We Are Watching This Week

Examining America's China Policy Blind Spots - Zer0esTV: Video channel for short sellers — www.zer0es.tv

Former Deputy National Security Advisor Matt Pottinger has been one of the most influential figures in crafting U.S. policy towards China over the last 5 years. Here, Pottinger and Carson Block of Muddy Waters Capital discuss the evolution of China policy since the early 90s, the many “strategic blunders” the United States has made over that period and the current deficiencies that Pottinger believes need to be addressed.