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
Path dependency - Logan Shearer
Art of the question - Jared Lim
Ecosystem advantage - Abdullah Al-Rezwan
Investing in multitudes - Todd Wenning
Overwhelmed by noise - Paul Dutz
How to be more productive - Mauricio Heck
Big bets and broken unicorns - Issie Lapowsky
Why most education apps fail - Carl Hendrick
From a three-bagger to a loss - Sebastian Krog
High performers are late bloomers - Henry Oliver
Why the jobs report is so important - Scott Sumner
Letters, Presentations, Writeups…
Industry Insights: advertising | banking | lithium | peptides | software
Letters: Goldman Sachs
Company Insights: Haw Par | HEICO | Trade Desk | Versant | Zett
Company Slides: Carnival | Conagra Brands | FedEx | KB Home | Lamb Weston | Paychex | Scholastic | Winnebago Industries
“The margin of safety is always in the price.” —Seth Klarman
5 Videos We Are Watching This Week
Grit - James Cadwallader on branding in the world of AI
Dwarkesh - Sarah Paine on why Russia lost the cold war
GoldRepublic - Marc Faber on survive a system collapse
Nikhil Kamath - Ray Dalio on investing to survive cycles
Edinburgh University - Howard Marks on thinking clearly
5 Podcasts We Are Listening to This Week
TWIII - Matt Peterson on option strategies for value investing
Odd Lots - Rikard Bandebo on credit scoring, the auto loan crisis
Talking Billions - Dave Sather on quality, integrity, the “2am test”
VI with Legends - Ricky Sandler on cycles and perception shifts
Monetary Matters - Jim Chanos on data centers, GPU merchants
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 paid Latticework subscribers and MOI Global members. Stay tuned for your personal invitation.)
Member Updates & Events
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