Some Links 13/2026

Key Takeaways

• Vinall sold Prosus, PDD, International Pet amid portfolio rebalancing
• Value investing thrives over decades, not in volatile short‑term windows
• Stablecoins see minimal real‑world payment adoption, per Fed data
• Seabed economics emerges as a nascent, high‑growth sector
• Avis short‑squeeze underscores risks of speculative trading

Pulse Analysis

Value investing remains a cornerstone of disciplined portfolios, but recent commentary underscores its temporal constraints. While the long‑run track record of buying undervalued assets is robust, the strategy falters when forced into short‑term performance metrics, a point emphasized by Safal Niveshak and echoed in Rob Vinall’s recent divestments from high‑growth, yet volatile, names like Prosus and PDD. Investors seeking consistency should therefore prioritize fundamentals and patience over quarterly beats, aligning capital with businesses that generate sustainable cash flows and resilient margins.

The digital asset landscape adds another layer of complexity. A Kansas City Federal Reserve briefing reveals that stablecoins, despite their promise of price stability, are rarely employed for everyday transactions, limiting their impact on the broader payments ecosystem. This gap between hype and practical use suggests that traditional fiat and established payment rails will dominate in the near term, while stablecoins may find niche roles in cross‑border settlements or DeFi protocols. Meanwhile, the nascent seabed‑economics sector—covering deep‑sea mining of rare minerals—offers a speculative yet potentially lucrative frontier, as detailed in Crack the Market’s thesis, prompting forward‑looking investors to assess regulatory, environmental, and supply‑chain risks.

Capital allocation and shareholder returns continue to shape market narratives. Heavy Moat’s focus on dividend discipline highlights how consistent payouts can act as a moat, reinforcing investor confidence during market turbulence. Parallelly, Jamie Ward’s analysis of Chapters Group positions it as a modern Berkshire Hathaway analogue, leveraging diversified retail and services assets. The recent Avis short‑squeeze serves as a cautionary tale of speculative excess, reminding market participants that solid fundamentals remain the bedrock of long‑term value creation.