In this digest, we bring you the most insightful free online content, curated by the team at MOI Global. This substack aspires to be a platform for your growth, whether you are on the hunt for great ideas, looking to learn from great investors, or building a great investment firm.
MOI Global members, scroll down for member news and updates.
11 Articles We Are Reading This Week
Software crash - Phil Bak
Software survival - Ben Thompson
Fraud investigation - Patrick McKenzie
Risk and hurdle rates - Aswath Damodaran
Simplify, simplify, simplify - Scott Sumner
Adolescence of technology - Dario Amodei
How power changes people - Joachim Klement
Turbulence and magnificence - Amit Wadhwaney
Understanding market inefficiency - Michael Mauboussin
Thinking about quasi-binary events - Peter Mantas
Creating the world’s largest companies - Dom Cooke
Letters, Presentations, Writeups…
Industry Insights: ai | autonomous vehicles | biotech | copper | credit | energy transition | gaming | private capital | real estate | software | trucking
Geographical Insights: Dubai | Europe | Italy | Mexico | UK | US
Letters: Alluvial | Brookfield | Elena | Fairlight | Horizon | Legacy Ridge | Lyrical | Merrill | MSA | Sequoia | Silver Ring | Sohra Peak | Trigram | Warden
Company Insights: Allison Transmission | Brookfield Corporation | Celanese | CoStar | PayPal | Peloton | Shinko Shoji | Star Holdings | Under Armour
Company Slides: Alphabet | Arm | Crown Castle | Johnson Controls | Lilly | Maersk | Mondelez | Murphy Oil | Novartis | Novo Nordisk | PayPal | Vestas
“You simply cannot create investment opportunities when they’re not there. The dumbest thing you can do is to insist on perpetuating high returns—and give back your profits in the process. If it’s not there, hoping won’t make it so.” —Howard Marks
5 Videos We Are Watching This Week
a16z - Chat with a16z’s Ben Horowitz and Goldman’s David Solomon
CNBC - With Reliance’s Mukesh Ambani and Blackrock’s Larry Fink
Stanford - Interview with Alibaba co-founder and chairman Joe Tsai
Consello - Chevron’s Mike Wirth on discipline and long-cycle decisions
In the Money - Bill and Cole Smead on the “revenge of value investing”
5 Podcasts We Are Listening to This Week
YAVP - Rhizome’s Bill Chen discusses his thesis for Alexander’s (ALX)
Norges - UniCredit’s Andrea Orcel on technology’s impact on banking
Dwarkesh - Elon Musk on Grok, xAI, SpaceX, orbital data centers, etc.
ChinaTalk - Strategist Ed Luttwak on the military and the rise of China
David Senra - With Jimmy Iovine, a titan of the modern music industry
Save the date: Latticework 2026 will be held at the University Club of Chicago. We will meet for two days on November 10-11, 2026. (Priority access granted to MOI Global members and paid Latticework subscribers. Stay tuned for your personal invitation.)
Member Updates & Events
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