11 Articles We Are Reading This Week

1. Illusion - Howard Marks

2. Gossip trap - Erik Hoel

3. Good enough - Morgan Housel

4. Equity duration - Sean Stannard-Stockton

5. Effective altruism - Rohit Krishnan

6. Gundlach's outlook - Christoph Gisiger

7. Robertson's lessons - Frederik Gieschen

8. Bear market taxonomy - Frank Martin

9. Apple's services business - Ben Thompson

10. Disney investment case study - Trung Phan

11. Japan's coming tourism boom - Michael Fritzell

Letters, Presentations, Writeups...

Industry Insights: crude oil | decarbonization | venture capital replication

Letters & Commentaries: Credit Suisse | GS | LRT | Massif | Merrill | Moody's

Company Writeups: Central Japan Railway | Femsa | Lululemon | Target

Company Slides: Academy Sports | AeroVironment | AEO | Asana | Coupa | Decmil | DocuSign | HealthEquity | Magna Mining | Rev | RH | Verint | Wiley

Quote We Are Contemplating This Week

5 Podcasts We Are Listening to This Week

1. Recode - Mark Bergen shares the inside story of YouTube

2. Hidden Forces - Mike Green on the scarcity/abundance dichotomy

3. Chai with Pabrai - Lauren Templeton on global value investing

4. Invest Like the Best - Mitch Lasky on gaming business models

5. Investing by the Books - Will Thorndike on great capital allocators

5 Videos We Are Watching This Week