Dear members,

With the market selloff continuing, it is a great time to research potential ideas and compare their market quotations to well-reasoned estimates of intrinsic value.

Fill your idea pipeline by exploring the sessions at Best Ideas 2022 -- I am sure you will be intrigued by at least some of the presentations.

Separately, please enjoy our exclusive interview with Professor Sanjay Bakshi, conducted by Rohith Potti. It is truly a conversation to savor and, at nearly four hours in length, the most in-depth interview ever given by Professor Bakshi.

I wish you a great week. As our British friends advise, "Keep Calm and Carry On."

Warmly,

John

An MOI Global Highlight

Professor Sanjay Bakshi Discusses His Philosophy on Investing and Life | MOI Global — moiglobal.com

We spoke with Sanjay Bakshi, Managing Partner at ValueQuest Capital LLP and Distinguished Adjunct Professor at Flame University in India.

Quote We Are Contemplating This Week

11 Articles We Are Reading This Week

1. Wild rumpus - Jeremy Grantham

2. Return-free risk - John Hussman

3. Weighing value - Lyall Taylor

4. Anchoring effect - Ravi Nagarajan

5. Shapes of stories - Rohit Krishnan

6. Latest data update - Aswath Damodaran

7. Casualties of success - Morgan Housel

8. Robotti's perspective - Brennan Doherty

9. Japan's empire builders - Taiki Morita

10. Family office conundrum - Frederik Neckar

11. Volkswagen's reinvention - Nilay Patel

Letters, Presentations, Writeups...

Industry Insights: auto | aviation finance | crypto | energy | semiconductors | shipping | thrift conversions | variable interest entities

Letters & Commentaries: Alluvial | Alphyn | Apollo Asia | Bronte | Claret | East 72 | Ensemble | Eschler | Flagship | Focus | Goldman Sachs | Martin | Moody's | Pzena | TGV | Tollymore | Wedgewood | White Brook

Company Writeups: Alpha Pro Tech | CK Hutchison | Grab | GSI Technology | Intel | Peloton | Pharmagest | Reitmans | Salesforce

Company Slides: Alcoa | Bank of America | CSX | Fastenal | Goldman Sachs | J.B. Hunt | Morgan Stanley | Netflix | P&G | Prologis | SVB Financial | Union Pacific

5 Podcasts We Are Listening to This Week

1. TWIII - Elliot, Phil, John on timely and timeless investing topics

2. Business Brew - Will Thomson on real asset investing

3. The Investors First - Jason Zweig on traders vs. investors

4. Grant’s Current Yield - Chris Leonard's "The Lords of Easy Money"

5. Behind the Balance Sheet - Hugh Hendry on life after investing

5 Videos We Are Watching This Week