Incremental Insights #39
A weekly collection of investment and business related content
$1.4bn is a lot to fall through the cracks, even for Tesla
A closer look at Tesla’s cash flow statement may also prompt investors to ask other questions, such as why a business with a $37bn cash pile raised $6bn of new debt last year?
It's “concerning” that the only other companies with supposedly strong operational cash flows who were simultaneously raising substantial capital turned out to be notorious frauds: Wirecard, Longtop Financial, and NMC Health.
The Substack Gold Rush: Who’s Winning and Why?
A look at the top 100 investing newsletters on Substack that are raking in an estimated $30M annually, with some writers earning up to $500K per year from their financial insights.
And how factors like longevity on the platform, sector expertise, and marketing savvy contribute to their success.
How Worried Should We Be About the Economy?
Paul Krugman talks with Neil Dutta, a macro forecaster, about the economy's abrupt shift from growth to increasing warning signs of a slowdown, and examines the early warning indicators.
The Value Perspective with James Montier
James Montier of GMO revisits his first great piece of writing The 7 Deadly Sins of Fund Management.
Books by James
Can You Fool A Self Driving Car?
LiDAR vs Tesla’s vision/camera system