Dear members,

My colleague Alex Gilchrist has compiled a few profiles of value-oriented superinvestors, including Chuck Akre, Jean-Marie Eveillard, Bruce Flatt, and Francisco Garcia Parames. We will release a couple of additional profiles in the coming weeks. I hope you'll enjoy learning from them.

While compelling ideas are ever-harder to come by in the current market environment, we will attempt to bring you worthy investment candidates at our upcoming European Investing Summit 2021, to be held online from October 13-15. We have secured a terrific speaker lineup and look forward to the event.

Warmly,

John

Quote We Are Contemplating This Week

11 Articles We Are Reading This Week

1. Business cycle - François Sicart

2. Curating talent - Tony Kulesa

3. Supply chain woes - Lyn Alden

4. Markets and motion - Jason Zweig

5. Regulators and reality - Ben Thompson

6. China's tech crackdown - Aswath Damodaran

7. Pixar co-founder's story - Steven Levy

8. Would-be cannabis empire - Michael Rubino

9. Rise and fall of a tech giant - Kaitlyn Tiffany

10. Underappreciated challenges - Will Thomson

11. Strategy and boards of directors - Roger Martin

Letters, Presentations, Writeups...

Industry Insights: aerospace | construction | healthcare | natural gas | ocean freight

Letters & Commentaries: Bonhoeffer | Gardner Russo | GMO | Greenhaven Road | McElvaine | Merrill | Moody's | SEB Group | Wedgewood

Company Writeups: CNX Resources | Datadog | Francotyp-Postalia | Maruti Suzuki | Sony | Spotify | Support.com | US Silica Holdings | Victoria

Company Slides: Baytex Energy | City Office REIT | Implats | Nordson | Royal Gold | Seacoast Bank | Uranium Energy

Chart of the Week

5 Podcasts We Are Listening to This Week

1. Compounders - Jim Hallett on the used car auction digital revolution

2. Business Brew - Jake Taylor on thinking from first principles

3. Masters of Scale - Satya Nadella on transforming culture at Microsoft

4. Tim Ferriss Show - James Dyson on turning the mundane into magic

5. Invest Like the Best - Scott Malpass on building a great endowment

5 Videos We Are Watching This Week