Some hyperlinks 25/2025


Sung Capital Substack on Karelia Tobacco from Greece

Govro with one other “alcoholic deep dive”, this time Cuervo from Mexico

Bob’s Cost Substack on the Fiserv bloodbath

The Optima’s Substack thinks that Espresso costs may go a lot greater

Weight reduction drug use within the US is up and weight problems down considerably based on this research

Some ideas from Dwarkesh on potential AI buildout trajectories

The BG2 Podcast with Sam Altman and Satya Nadella is certainly price watching/listening to

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