Happy May 1st!
Two important things happened today. The Berkshire Hathaway Annual Meeting was held, and I published Newsletter 011.
This month’s newsletter is light on writing and heavy on links because I’m focused on my upcoming CFA test. After I write, I’ll publish more.
My three favourite podcasts from April are Ram Parameswaran – Alibaba: A Giant Among Giants, Brad Gerstner and Rich Barton – Thriving in Changing Markets, and Brian Bares – Qualitative Concentration at BCM. The first two are from Patrick O’Shaughnessy’s Colossus family, and the last is from Ted Seides’s Capital Allocators Podcast. I recommend all three.
A good hunting ground appears to be SPACs. After a frothy few months, the tide’s going out. Dip a toe in, see what it’s like.
Thank you for reading.
Until next time,