6 thoughts on “Follow-up letter to the Board of FAR Limited

  1. Hey Jeremy,

    Great letter, it was well articulated and you make a strong case – let’s hope management listens.

    On a side note – with current market conditions and the sky seemingly falling do you have plans to updates all investments ideas and if you still believe the thesis is intact most concerned w/ –
    LMN/HRBR – travel with oil/ticket prices killing demand/Europe issues with Russia
    SQZ – Management’s update and the multiple 10% drops in value on back to back days following.
    URF – impacts of AUD/USD breakdown and interest rate hikes in US having headwinds on home prices in the near term.

    and overall strong USD and impacts on commodity names.

    Thanks Jeremy appreciate all of the thoughtful updates and analysis!

    • just posted update on many of these names. no change on LMN, the stock keeps going down but literally every other travel co, both in the US and Europe, is talking up demand. it is simply an absence of buyers at the moment.

      let me come back on SQZ and the commodity names later on.

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