✨ 30 Mar 2022 | Value Investing Substack NEWS
Indonesia: Asia's Most Strategic Nation?, Stanley Druckenmiller Profile, Shopee Exits India and Hurting in Brazil, How Monish Pabrai Cloned Buffett to $100B, Ukrainian Mayor Survives Because Overslept
HIGHLIGHTS
SUBSTACKS + BLOGS + TWITTER
I mentioned I think Fiber and Cable will get to a 50/50 split in markets they compete in over time. But I just want to stress the over time in that sentence. It takes at least five years to get to that equilibrium, and probably more if the cable player is good (again, inertia is a powerful thing!). I highlighted AT&T and Frontier suggesting they’re targeting ~50% penetration over time, but there are other companies pursuing similar builds that emphasize how how long it’ll take to get there / that maybe even those penetration stats are a reach. Consider, for example, Consolidated (CNSL). They’re targeting 33% penetration after 36 months.
LINKS
Stock Markets:
Sea e-commerce unit Shopee to shut India operations (ASEAN - E-commerce)
Is Brazil going to suppress Shopee, AliExpress and Shein? (E-commerce)
Shrinkflation as Cadbury cuts the size of its Dairy Milk sharing bar but keeps the price the same (USA - Consumer)
Former Keystone Pipeline worker says US energy crisis is result of Biden's policies: 'We tried to warn you' (USA - O&G)
Macro
USA:
Ukraine-Russia:
Russia Finally Rules Out Using Nuclear Weapons Over Ukraine War
Ukraine mayor survives rocket assassination attempt because he overslept
Others:
News & Others:
Jada Pinkett Smith breaks silence after Will Smith’s Oscars slap
Trump’s Attempt To Overturn Election Was a Crime, Federal Judge Says
“Infamy Is Kind Of Fun”: Grimes on Music, Mars, and Her Secret New Baby With Elon Musk | Vanity Fair