Thought — LONGRIVER

Kweichow Moutai: Impeccable Pedigree

Visiting the home of China’s legendary liquor.

Macroeconomics, Companies, AnalysisGraham Rhodes15 December 2023China, Baijiu, Kweichow Moutai, Wuliangye, Diageo

Podcast: Ali Gündüz

Unpacking Evolution AB.

Companies, PodcastsGraham Rhodes9 December 2023Evolution, Online Gambling

Podcast: Ethan Robertson

Chinese NEVs Cambrian Explosion.

Companies, MacroeconomicsGraham Rhodes3 November 2023China, Tesla, Electric Vehicles, BYD, Nio, Li Auto, Xpeng, Volkswagen, Baidu, Huawei

Vistry: A Spirit Of Partnership

Transforming into a high-volume, high ROCE homebuilder.

CompaniesGraham Rhodes20 October 2023Vistry, Homebuilders, Britain

Podcast: Shree Viswanathan

Let the process lead you.

Companies, PodcastsGraham Rhodes15 October 2023Insurance, Kinsale Capital

Cheung Chau 2023

The first Longriver Gathering.

Longriver, InvestingGraham Rhodes11 September 2023Longriver

Futu: You Are Not Alone

What if Tencent designed an online broker?

CompaniesGraham Rhodes5 August 2023Fintech, Futu Holdings, Online Brokers, Interactive Brokers, Hong Kong, China, Singapore, Financials

ChinaJoy 2023

At the heart of China’s ACG sub-culture.

GamingGraham Rhodes1 August 2023China, Tencent, Netease, Gaming, Nintendo, Sony, Bandai Namco, AMD, Electric Vehicles, Meituan, Alibaba

Ashtead: On The Ground

A specialty finance business riding the American construction boom.

Companies, InvestingGraham Rhodes21 July 2023Ashtead, TSMC, Equipment Rental, United States, United Rentals

Shanghai 2023

My first overnight trip to mainland China in three and a half years.

Graham Rhodes27 June 2023

AMD: The Challenger

Climbing one mountain and now attempting another.

CompaniesGraham Rhodes25 June 2023AMD, TSMC, Semiconductors, Fabless

Tom Gayner's Wrestling Match

The fight between the Income Statement and the Balance Sheet.

Gurus, Investing, AnalysisGraham Rhodes23 June 2023Markel, Berkshire Hathaway, Insurance, Banking, Financials, Omaha, Tom Gayner

Games Workshop: Delivering The Goods

Scaling is hard in the physical world.

CompaniesGraham Rhodes6 June 2023Games Workshop, Tabletop Gaming, United Kingdom

Podcast: Wayne Jones

Time for Domino’s Pizza Enterprises to digest.

Companies, PodcastsGraham Rhodes1 June 2023QSR, Domino's Pizza Enterprises, Australia, Wayne Jones

Pulak Prasad: What I Learned About Investing From Darwin

Deriving the principles of long-term investing from evolutionary biology.

Gurus, InvestingGraham Rhodes31 May 2023India, Quality, Long-term, Science

BFF Banking Group: Expect Delays

Making money in the world as it is, not as we want it to be.

CompaniesGraham Rhodes21 May 2023BFF Bank, Italy, Banking

Omaha 2023

My first trip to America in five years.

GurusGraham Rhodes14 May 2023Berkshire Hathaway, Warren Buffett, Omaha, United States

Techtronic Industries: Powering On

Cyclical Headwinds vs. Structural Growth.

CompaniesGraham Rhodes12 April 2023Techtronics, United States, Power Tools

Podcast: Charles Yu

An update on gaming regulation in China.

Podcasts, GamingGraham Rhodes23 February 2023China, Tencent, Netease, Regulation, Privacy

Evolution: Relentless

New game development is key to competitiveness.

CompaniesGraham Rhodes14 February 2023Evolution, Online Gambling, Sweden