⁠Hidden Value Gems
RT @HiddenValueGems: Enjoyed the two recent pieces on $WOSG.L

The only obvious risk is the general macro / luxury goods weakness.

1/ Research report by @LlcPlural (35 pages)

2/ Nonsensical Bear Thesis at The Watches of Switzerland Group by @Billhuang1223 https://t.co/5kWDbSlafK
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⁠Librarian Capital
Dunning-Kruger effect strikes again

"Bill Ackman has an enviable record as an investor, but as an equity syndicate banker, he’s learning the ropes the hard way ... he appears to have assumed that role in marketing the IPO" - BAML's former global head of ECM https://t.co/UIUzkZxdnZ

Bill Ackman’s four unfortunate IPO snafus https://t.co/DUU7mhn3UQ - FT Alphaville
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⁠Librarian Capital
FREE Philip Morris $PM sample article after Q4 results

We have been publishing a link to this as a free sample, but the link stopped working at some point

The issue has now been fixed. You also can access the article on the link below below
https://t.co/PME300n68J https://t.co/V6aOrhhXsl
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⁠Librarian Capital
Cranswick $CWK Apr-Jun update

Revenue +6.4% LfL, +6.7% in £
"Strong volume growth"; share gains & customers' return to promo activity

Export volume "strongly ahead", "offset by reduced pricing" in Far East and EU
"Early signs that Far East prices are starting to firm"

cc $GNS https://t.co/cup0eIGtel
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⁠Finding Compounders
Allan Mecham ran Arlington Value Capital where he achieved a CAGR of 30% over 8.5 years.

Here is an interview he did with Manual of Ideas https://t.co/h1lyD4bM4L
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⁠Hidden Value Gems
I wonder how this healthcare spend distribution looks like in other countries...

1% of people are responsible for 24% of the health spending in America and 5% of people are responsible for just over half. https://t.co/hn8z9Le0oF - Crémieux
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