047: Evolving My Thinking On Seritage Growth Properties

Topics:

What I've learned so far about Alibaba.

Cash allocation update.

Keeping an eye on oil service companies.

Seritage CEO speaks.

More thoughts on Seritage and a quote from Mohnish.

Peter Theil and Ted Weschler.

Why I deleted my Twitter account.

What I'm reading:

Buffett: The Making of an American Capitalist by Roger Lowenstein - https://amzn.to/2TaC1Uv

References:

Alibaba: The House That Jack Ma Built - https://amzn.to/3xB3xsC

Jack Ma’s Ant in Talks to Share Data Trove With State Firms - https://www.wsj.com/articles/jack-mas-ant-in-talks-to-share-data-trove-with-state-firms-11624442902

Cash Flow of World’s Oil Drillers Heads for Record $348 Billion - https://www.bloomberg.com/news/articles/2021-06-23/oil-producers-to-make-record-profits-this-year-report-says

Seritage Growth Properties - NAREIT Presentation - https://vimeo.com/565778496

Seritage CEO Andrea Olshan on Unlocking Value for SRG Shareholders - https://youtu.be/JDwhhGPN9FM

Dozens of Ex-Sears Stores to Hit Market as CEO Culls Assets - https://www.bloomberg.com/news/articles/2021-06-24/dozens-of-ex-sears-stores-to-hit-market-as-new-ceo-culls-assets

Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank - https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank

Ted Weschler statement - https://www.documentcloud.org/documents/20971124-ted-weschler-statement

Warren Buffett Filing Indicates Berkshire Hathaway Bought Back $6 Billion of Stock in 2nd Quarter - https://www.barrons.com/articles/warren-buffett-filing-indicates-berkshire-hathaway-bought-back-6-billion-of-stock-in-2nd-quarter-51624487156

After Dinner Investor - https://afterdinnerinvestor.com/