Atul Predicts 80% Chance of Mario Galaxy 3 Release
Great comment from Atul on Sony & Nintendo. Highlight: "A big AAA Mario game (likely a Mario Galaxy 3 game) is 80% prob"
Korea, US, Canada, Estonia Lead Early-Stage Entrepreneurship
Total early-stage entrepreneurial activity by developed market. Korea / US / Canada / Estonia perform well. https://t.co/SWilej1pRQ
Claude’s Option+Option Shortcut Forces Unwanted Sonnet Mode
The fact that Claude defaults to Sonnet when you click Option + Option drives me nuts. Sonnet sucks. A case in point: https://t.co/7llFZ4ff2i
Volkswagen Reclaims China Lead as EV Demand Wanes
Narrative violation: Volkswagen becomes the #1 car maker in China again, as consumers move away from EVs https://t.co/AzvEY1nG1k https://t.co/8tXJvIvGa4
Nintendo Valued at ¥12k Amid DRAM & Holiday Risks
Nintendo’s starting to get interesting. I’ve valued the stock at around JPY 12,000. Though you will have to look through the current DRAM issues, and a potentially weak holiday season in 2026 as the 3D Mario game appears to have...
Puma's Low Valuation Sparks Global Demand
I like the set-up in Puma here. Insides are buying. Int'l Google search queries are rising. 0.88x revenues is a dramatic discount to even Nike. And you'd think that Anta Sports should be able to push the brand domestically within...
Great Newsletters Blend Taste, Storytelling, Expertise, and Trust
From @denk_tweets: "Exceptional newsletters aren't built on pure info. They're built on: > Taste > Storytelling > Expertise and analysis > A voice that readers trust"
Use Claude Projects Trick in ChatGPT for Ticker Research
For what it's worth, you can use my Claude Projects trick in ChatGPT as well... Just write the ticker and press Enter. And the upside is, ChatGPT can handle Deep Research requests https://t.co/KtFHXN3LZ2
Grantham's Calorie Deficit Fuels Grumpiness and Ego
3/10 book. TLDR: Grantham runs on constant calorie deficit, making him grumpy and complaining about everything. He also seems to have a massive ego.
Buffett’s First Profits Came From Deep‑value, Ugly Stocks
This was a 10/10 book. Well-researched, well-written. Buffett made his first money investing in deep value, ugly stocks.
Japan's Hikari Leads Capital Allocation; Binjiang Delivers Growth, High Yield
Pitches for: - Hikari Tsushin: “probably has the best capital allocation record in Japan at scale by far” - Binjiang Service Group: “grew revenue 22% and 15% in the two most recent years… 8-9% dividend yield”
New Regulations Heighten Exit Ban Risk for China Business Travelers
“These two latest regulations add to this growing number of legal instruments, raising the risk of exit bans even higher for those who travel to China on business.” Source: Safeguard Defenders https://t.co/zJzQlhkPQp
Philippines Stock Market Valued at P/E 9.0×.
For what it’s worth, the Philippines now trades at P/E 9.0x. Not the same market, but still. https://t.co/NDgDdajSTi
Global Value and US Small‑Cap Stocks at Historic Lows
Rob Arnott: - Non-US is still a bargain - Value is still very cheap relative to growth, all over the world - Small-cap is the cheapest in history in the US relative to large caps, due to indexation https://t.co/jBF8K3ylis
Japan's Niche Market: Online Funeral Service Platform
So many niche businesses in Japan... this one runs an online platform for funeral services https://t.co/JdTZ1ziOjx
Vietnamese Beer Demand May Not Decline Yet
I feel this way about Vietnamese beer consumption. Assuming secular decline from here onwards seems premature.
Returning to ChatGPT After Experimenting with Claude and Gemini
"I've gone from: - All ChatGPT - To a mix of Claude, Gemini, and ChatGPT - To mostly Gemini and Claude - To now: mostly ChatGPT"
Insider Buying Signals Confidence Amid Q1 Decline
Ugly 1Q2026 numbers from United Tractors UNTR IJ. Komatsu sales volumes -20% YoY. But Astra insiders are buying. Coal prices have risen recently. And I think the coming El Niño will be positive for volumes from 3Q2026 onwards.
Interactive Brokers Now Offers Korean Stocks, Boosting Coverage
The rumor is true: you can now buy Korean stocks via Interactive Brokers. I'll therefore ramp up my coverage of Korean equities in the next few months. https://t.co/ZeOArWzeUI
Coupang Breach Exposes Millions of Customer Accounts
On 29 November 2025, Korean e-commerce company Coupang reported a cybersecurity breach, with millions of customer accounts leaked to third parties https://t.co/FUXEOMmvwi
South Korea Fuels BlackRock’s EM Overweight, Memory Stocks Rally
"BlackRock in April said South Korea was a key driver for its upgrade of emerging-market stocks to overweight"... memory stocks have now become a consensus trade
High‑Yield Bonds Can Mask Non‑existent Cash
Pro tip: if a bond trades at >10% yield with a net cash balance sheet… the cash might not be real
GTA 6 Drops November 19, 2026 on PS5, Vice City
So what do we know about GTA 6? - Official release date: 19 November 2026 - First released on PS5, then PC - It will take place in Vice City (Southern Florida) - User-generated content within the game, like Roblox - A second trailer...
Nike's Failure Explained: Key Lessons From Ghost
Excellent explanation for what went wrong at Nike. From a new publication on Ghost: https://t.co/8qQGqSzW3q
Choosing the Right AI Chatbot: ChatGPT, Gemini, Claude, Grok, Perplexity
ChatGPT vs Gemini vs Claude vs Grok vs Perplexity - which would one should you use? https://t.co/NeMLx3FHMP
EQT’s Asian Portfolio Spans SaaS to Healthcare
What companies has EQT acquired in the past? - Fortnox (accounting SaaS and a peer to freee) - Nord Anglia Education (education) - Benesse (Japan nursing care) - Fujitec (elevators) - Indostar Home Finance (consumer finance) - Indira IVF (healthcare)
Tech Hardware May Revert to Low‑margin Commodity Perception
5 years ago, investors considered tech hardware to be a commoditized, low-margin business. I think that market perception will eventually return.
Substack Struggles Reveal Companies that Embrace Openness
The travails of being a Substack author. On the positive side, if a company is willing to talk, you know they’re forward-thinking and open-minded
Intercom Leverages AI to Accelerate Revenue Growth
Love the example of help desk provider Intercom: supposed AI loser, but sits on the customer, uses AI to improve its service and ends up with a massive acceleration n revenue growth https://t.co/j78OunBFVj
AI Becomes Infrastructure, Reshaping SaaS Adoption Dynamics
Marcelo Lima on the gen AI threat to SaaS: - Tailwind for the early adopters with switching costs - Mission critical software is altogether different - AI tools work more like an infrastructure layer - Software engineers today work more intensely, i.e. the market...
Use AI for Support Tasks, Not Core Creation
What you should use AI for: - Brainstorming - Finding obscure data - Automation - Summarization - Translation - Proofreading - Error checking What you should NOT use AI for: - Writing - Calculations - Customer service
TIKR Streamlines Workflow, Eliminating CapitalIQ‑Morningstar Switching
Great move from TIKR. It may sound trivial, but not having to switch from CapitalIQ to Morningstar every time makes the experience more seamless https://t.co/JpbCegD9rx
Mark Hu's Model: Analysts Build, He Decides, Accountability Ensues
I really like Mark Hu's approach... each analyst running his own model portfolio, and him making the investment decisions. Full accountability. As is appropriate.
Worried Substack Might Drop Subscribers for Followers
Surely Substack will do away with subscribers soon, sticking with followers only? That was one of my concerns.
Why Equity Researchers Should Switch to Claude Now
I'm late to the party, but there are good reasons to switch to Claude, if you're in equity research: https://t.co/ZBPWGCeQZl
Coupang's Growth Uncertain as Shoppers Stick with Department Stores
Hmm. You’d think Coupang will take market share over time. People still go to department stores?
TravelSky: China’s 95% Air Travel Transaction Monopoly
What's the ideal asset to own? How about an air travel monopoly that takes a cut out of almost every transaction in China? That's exactly what TravelSky (696 HK) is, with a 95% domestic market share. https://t.co/iSe3O4t9V1
Grumpy Old Men’s Playbook: Gold, Real Assets, Bearish Outlook
Perfect newsletter for grumpy old men: • Complain about western politicians • Buy gold because inflation is out of control • References to the South Sea bubble and 1929 • Buy real assets: mining / shipping / oil & gas • Lean bearish, because...
Publication Success: 80% Optimization, 20% Content
Have come to the realization that the success of a publication is 80% website/email optimization, 20% the actual content. If you check out Compounding Quality’s Substack, you can tell he gets it. That’s just the reality. https://t.co/4tfh0TgOqb
Jardine Matheson Poised to Dominate Hong Kong Grocery Market
Jardine Matheson is in talks to acquire CK Hutchison's supermarket business ParknShop and merge it with Wellcome. Competition in Hong Kong's grocery industry would go down significantly, with the combined entity controlling >50% of the market. https://t.co/4MD3n7ptN1
Insiders Double Buys Globally, Korea Leads; Auto, Tech, Leisure Hotspots
Asia insider buying activity: 2x buys than sells in all major countries except China. Heavy insider buying in Korea in late March. Industry clusters in: - Chinese auto industry eg Geely - Technology hardware - Leisure & personal goods eg Anta Sports https://t.co/OjciIwJN3A
TravelSky's Booking Fees Stay Low, Unlocking Growth Potential
Think chart is incredible. I don't think the booking fees have gone up much for TravelSky. Think about the potential https://t.co/9dyiCS0oWY
Nintendo Switch 2 Shines; Rare Asian Business Model
The Nintendo Switch 2 is such a good console. We don’t have many businesses like this in Asia. https://t.co/mwhI50a8ev
Twitter Ranks only C‑tier for Newsletter Discovery
Matt McGarry: newsletter growth tactics, ranked (hint: Twitter is seen as C-tier for discovery) https://t.co/w9Sv2nKwG0
Propaganda Accounts Like Globe Eye News Fill Twitter
What's stupid about Twitter's strategy is that accounts like Globe Eye News has zero product. So you know that it's almost 100% a propaganda account. Why else would they bother posting non-stop political content? How does this serve any of...
Kahneman's Book: A Transformative Read Requiring Years of Reflection
Not an exaggeration that Kahneman's book is the most important I've read in years. Will take years to digest its insights.
Gasoline’s Density and Safety Outshine EV Parking Challenges
People forget how wonderful a product gasoline is: Energy dense, easy to transport and it doesn’t randomly combust. Will apartment blocks be comfortable having 300+ EVs parked continuously?
2026 Super‑El
Let me clarify: - Upstream ops benefit from higher CPO price initially - In severe El Niños, lower output counteract the positive effect from higher CPO prices - Malaysia will be less impacted by droughts than Indonesia - The B50 fuel mandate in...
Key 2026 El Niño Impacts and Asian Market Deep Dives
In case you missed it: - A implications of a 2026 El Niño - An update to my 2023 deep dive on Singapore marina operator SUTL Enterprise (SUTL SP) - A deep dive on Cambodia airspace traffic controller Samart Aviation (SAV...
Super‑El Niño 2026 Threatens Asian Equity Markets
A super-El Niño is projected for 2026. This will have serious consequences for Asian equities: https://t.co/pmx3AfkBgQ