Weekly Reading Inspiration

Wisdom, insights, and ideas for investors and lifelong learners

Dear readers,

Our first week on Substack is complete—it’s great to have you with us!

I’ve been impressed with Substack’s journey over the past couple of years and have benefited tremendously from the content on this platform.

It is now time for MOI Global to bring the wisdom of exceptional investors to a wider audience. I am also eager to bring the sense of community MOI has fostered among members to other go-givers and lifelong learners.

The world is at a crossroads. Geopolitical tensions, the trajectory of AI, and the atomization of society are creating uncertainty as to the future of humanity. In whatever small way we can co-create what’s next, we will use this platform to seek a future of personal growth and human connectedness.

Our future success as investors is uncertain. How does the relentless rise of passive investing affect active strategies? How will AI impact the investment business and human-led decision-making? How will businesses defend their moats amid accelerating change? How will inflation affect real returns?

There is a silver lining, as it has never been easier to bring together like-minded people from across the globe. There is an optimistic, empowering, and incredibly rewarding path ahead. Let’s embark on it together.

Welcome to Latticework by MOI Global.

John

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11 Articles We Are Reading This Week

1. Your game - Conor Mac

2. Beauty standards - Rex Woodbury

3. Sriracha's journey - Trung Phan

4. Inference landscape - Eric Flaningam

5. Ownership investing - Ben Gisz

6. After return on equity - Byrne Hobart

7. Understanding pricing - Seth Godin

8. America’s superpower - Ted Lamade

9. Worst financial inventions - Alejandro Yela

10. When order conceals chaos - Coleman McCormick

11. Earth is better with more people - Tomas Pueyo

Letters, Presentations, Writeups…

Industry Insights: AI | banking | cloud software | copper | energy | insurance | software | tin | video games | whole business securitization

Geographic Insights: China | Germany | Switzerland

Letters: Giverny | GMO | Goldman Sachs | HSBC | JPM | Merrill | RBA

Company Insights: Coursera | HelloFresh | Kura Sushi | Locafy | Logista | Nvidia | Odfjell | Pershing Square | Phinia | Prada | Tinybuild | Tokyo Metro

Company Slides: Abercrombie & Fitch | Agilent | Autodesk | Bath & Body Works | Frontline | HP | J.M. Smucker | Kohl’s | Urban Outfitters | Zoom

“The hunter in pursuit of an elephant does not stop to throw stones at birds.” —Ugandan Proverb

5 Videos We Are Watching This Week

1. Norges - Bob Iger on storytelling and what makes Disney special

2. CFA Institute - Cliff Asness on the less efficient market hypothesis

3. Colin and Samir - Daniel Ek on monetization, video on Spotify

4. Insightful Investor - GMO's Ben Inker on value-oriented investing

5. Knowledge Project - Ryan Holiday on stoicism misconceptions

5 Podcasts We Are Listening to This Week

1. Latticework - Luca Dellanna on the significance of ergodicity

2. ReThinking - Nathan Myhrvold on science and the creative process

3. Riskgaming - Josh Wolfe on the “titanic lessons” of venture capital

4. Inside the Rope - John Hempton on market madness, opportunities

5. Behind the Balance Sheet - Anthony Bolton shares his wisdom