Weekly Inspiration

Wisdom, Insights, and Ideas for Intelligent Investors

In this digest, we curate the most insightful free online content. This substack aspires to be a platform for your growth, whether you’re on the hunt for ideas, looking to learn from great investors, or building a great investment firm.

Meet great investors and fellow lifelong learners at Latticework 2026.

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11 Articles We Are Reading This Week

1. Incentives - Adam Mastroianni

2. Toppy market - Harvey Sawikin

3. Electricity pricing - Neel Somani

4. Too good to be true - Devendra Bambardekar

5. Who hedges and why - Byrne Hobart

6. AI’s biology bottleneck - Daphne Koller

7. Ammunition running dry - Jordan Schneider

8. Inflation the public hates - Scott Sumner

9. AI and software investing - Anh Hoang

10. Evidence-based forecasting - Alexa Burton

11. Guinness maintains popularity - Alex Bilmes

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Letters, Presentations, Writeups…

Industry Insights: batteries | clothing | electricity | financials | software

Geographic Insights: China | Europe | India | Iran | Japan | UK

Letters: Bronte | Hirschmann | Horizon Kinetics | Maran | McIntyre | Smoak | Third Point | Unison | Wedgewood

Company Insights: Avingtrans | EXEL | LVMH | Moonpig | Olin | Vaso

Company Slides: Booking | Caterpillar | CVS | Diageo | Duke Energy | EOG | Gilead | McKesson | Novo | Pfizer | Progressive | Spotify | Uber | Zoetis

“Being too far ahead of your time is indistinguishable from being wrong.” —Howard Marks

5 Videos We Are Watching This Week

1. Fortune - Bill Ackman on Mamdani, Trump and the AI era in market

2. TU Munich - Johannes Teyssen on the top job at E.ON and Lufthansa

3. DoubleLine - Jeffrey Gundlach on the Fed the day after Warsh landed

4. Hoover Institution - Tom Siebel on reinvention and the AI revolution

5. Creative Planning - Carlyle CEO Harvey Schwartz on private markets

5 Podcasts We Are Listening to This Week

1. Norges - Susan Cain on why introverts make better leaders than most

2. Odd Lots - Brad Setser on why America intervened in the yen market

3. David Senra - Micky Malka on backing the best fintech founders early

4. Alpha Exchange - Alec Litowitz on two decades of building Magnetar

5. Invest Like the Best - Gavin Baker on falling AI stocks, rising spend

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The Latticework 2026 summit will be held at the University Club of Chicago on November 10-11. We look forward to seeing you there!