It's been a while since we did this. What stock, sub $2 billion, are you most bullish on at the moment? Can be any sector, industry, country - give us your best idea. Let's generate a list that's longer than The Bayeux Tapestry!

Investor interview #144 just published 🚀 This issue features Jack Pailing, Founder and Portfolio Manager of Colebrooke Partners. Jack pitches two quality (and undervalued) UK stocks. Read the full interview here 👇 capitalemployed.com/p/interv…

Latest global valuations 🌍 US and India still among the most expensive 🔴 Indonesia, Brazil, Philippines among the cheapest 🟢

This paper has just been published by Verdad Advisors, and well worth a read... The Deep-Value Opportunity in South Korea 🇰🇷 South Korea: one of the world's most overlooked deep-value opportunities? Highlights why Korea is much more than the Samsung/SK Hynix AI trade. 📉 52% of Korean stocks trade below book value, vs 31% in Japan, 23% in Europe and 12% in the US. 🏦 The problem? Family-controlled conglomerates (chaebols), weak shareholder protections and incentives to keep valuations depressed. 🔧 But reforms are changing the game. Korea's Value-Up programme is pushing for better governance, higher dividends and buybacks, while tax reforms could finally align controlling families with minority shareholders. 📊 Verdad's simulated value + stability strategy returned 14.6% annually over 15 years, vs 10.8% for MSCI Korea. 💰 Its current portfolio trades at just 0.34x book, with a 5.2% dividend yield and 4.6x EV/EBITDA (excluding financials). Stay away from speculative, unprofitable value traps and focusing on cheap, stable businesses. Focus on getting returns from dividends and fundamental growth, while potentially benefiting from a governance-driven re-rating. Read the full paper here... 👇 mcusercontent.com/6dc62f3075…

Q3 2026 Fund Letters Round-Up just published. Not every Q3 letter is released in the first 14 days of October. However, here are 54 letters to get stuck into right away 👇 capitalemployed.com/p/q3-202…

The FRMO Corp 2026 Annual Shareholder Letter was recently published and always worth a read $FRMO 🇺🇸 “Although it might seem hard to believe, patient inactivity is hard, demanding, and exhausting work.” ‐ Murray Stahl. Mentions: Texas Pacific Land Corporation $TPL LandBridge Company LLC $LB Horizon Kinetics Holding Corp $HKHC Winland Holdings Corp $WELX Miami International $MIAX Read the full letter here... 👇 drive.google.com/file/d/1pNy…

Nice pitch on a Taiwanese small cap Chien Kuo Construction $5515.TW 🇹🇼 by @stonescap - Engaged in construction, concrete and engineering services. - Managing a large portfolio of investments that sum, after haircuts, to roughly 80% of its market cap. - The construction business is hence undervalued at 4x P/E. - 33% insider ownership. - 6.5% dividend yield. - Shrewd management.

Nice write-up on Constellation Software $CSU.TO by @CrossroadsOnX Well we say 'write-up' but it's more like an essay/small book 🙂 Well worth a read over a tea or coffee. 'AI may be eating software, but CSU has been feasting on software companies for thirty years, and the menu just got cheaper.' crossroadscap.io/insights/co…?

53 'fresh-off-the-press' stock pitches from fund letters and stock picking newsletters 🔥 Plenty of interesting ideas in this issue. capitalemployed.com/p/53-qua…