Liberty’s Highlights | Substack

I took this photo near my parents’ house in Northern Québec, Canada.

What This Is and Isn't

Welcome to the Serendipity Engine1.

These are the rules of the game:

Lower your expectations. This is an outlet for sharing interesting things I find. Once in a while, I’ll have longer essays, interviews, and deep-dives. I probably won’t blow your mind, but I’ll try to expand it at least a little.
It's not just going to be about finance. I know most people who follow me on Twitter are into finance stuff. There's going to be a lot of that, but also other things. I'll label every section by topic, so if you want only finance, it'll be easy to read just that section.
It won’t be linear, feel free to jump around. Once in a while I may do a theme or narrative, but most editions won’t be like that. You can skim the sub-titles and scan the images and just read what grabs you.
I don't want this to feel like work. I want to be excited to add things to the next edition of the newsletter. The way to keep it like that is not to have a rigid schedule or format, or to feel like I have to write constant stock pitches.
I change my mind, I make mistakes. If you spot errors, factual or logical, please let me know (my DMs are open on Twitter, or you can “reply” to newsletter emails). If you read an old edition, it may contain things I no longer believe. Don't assume I'm a marble statue.
I’m not “qualified” for anything. Nothing here is investment advice or medical advice or interior decorating advice. I’ve never studied or worked in finance, or most other things I write about ¯\_(ツ)_/¯

If that sounds good to you, join the fun (everything is free to access, but only exists thanks to my amazing paid supporters 💚 🥃 — you should become one):

Liberty @LibertyRPF

Many see being convinced of changing a position as a defeat (my arguments were weaker, I lose this one...). Make sure you see it as a victory; you should *want* to be convinced by stronger arguments. Defeat is when better arguments *don't* change your mind.

John Huber @JohnHuber72

My routine has three types of work I'll loosely define as company research, books, and news (e.g. papers, earnings, blogs, daily newsletters...) @LibertyRPF's is now on my daily list. Thoughtful comments & great articles I often haven't read yet. Must read

10: Corporate Dark Arts, Bill Gates & Instagram Reels, and Tom from MySpace“What is the most important thing you could be working on in the world right now?”libertyrpf.substack.com

Jim OShaughnessy @jposhaughnessy

I love @LibertyRPF's newsletter. I urge you to subscribe and see what he means about "benevolent neglect”

Liberty 💚🥃 @LibertyRPF

149: Jobi Lütkos, Benevolent Neglect, Twitter's Platform Move, DuckDuckGo's Rise, Satya Nadella on Microsoft, SpaceX Starlink, Nvidia + Google, and Mescaline Medication $MSFT $NVDA $TWTR $GOOG $SHOP https://t.co/LmrOIlrxNm

Mostly Borrowed Ideas @borrowed_ideas

#FF @LibertyRPF is one of the smartest persons I know on FinTwit. If you are not convinced, just peek through the cool newsletter he sends every other day.

Liberty’s HighlightsInvesting & business, science & technology, and the arts.libertyrpf.substack.com

Andrew Wilkinson @awilkinson

One of my favorite newsletters:

Liberty @LibertyRPF

Thanks to all the new subs. I will try my best not to disappoint you too completely. https://t.co/tbU4MZUuvr

Frederik 'Neckar' @NeckarValue

If you're looking for someone to curate valuable insights for you across technology, business, finance and you're not checking out @LibertyRPF, you're doing it wrong

Liberty 💚🥃 @LibertyRPF

109: Enterprise Spending on Cloud, WCM, Amazon in 1999, Microsoft + Discord, NFTs, OpenAI's GPT-3 Ecosystem, Samsung DDR5, and FBI Bribing Congressmen $AMZN $MSFT $SSNLF https://t.co/QFXKb0kibX

Jim OShaughnessy @jposhaughnessy

I always look forward to Liberty's letter, I suggest checking it out and subscribing.

Liberty 💚🥃 @LibertyRPF

133: Feynman Moment, Cloudflare Frugality & Innovation, Solar Efficiency, Allulose & Global Health, Regulatory Cut & Paste, Pirate Branding Lessons, Snap, and Parasite Rock $NET $MSFT $SNAP https://t.co/2DubFvY7Pd

Minion Capital @MinionCapital

Def would recommend subscribing to @LibertyRPF newsletter. Love how it covers a variety of topics from investing & semis, to science & behavioral economics Plus this one features yours truly in it :) w/ the recent podcast @AndrewRangeley and I did

Liberty @LibertyRPF

35: Fred Liu's Good Year, Nvidia's 10x Video Compression AI, GPUs Colonizing the Cloud, Claude Shannon Letdown, and Minion Capital Interview (also: Whole Foods to Buffett? Microsoft & Google rebranding, older founders, DDR5, CDC, NZ, etc) (thx 1,645 subs) https://t.co/YaapUrl7a1

Andy @bizalmanac

Among all the great Substacks that have emerged from #fintwit, @LibertyRPF puts out my favorite. Subscribe if you are: - Interested in technology, - and investing in technology, - Generally curious / open-minded

37: Feds Target Google Chrome, Etsy Deep-Dive, Amazon Logistics vs UPS & Fedex, Twilio & Crowdstrike Acquisitions, and Cool Spaceships“Aoccdrnig to a rscheearch at Cmabrigde Uinervtisy”libertyrpf.substack.com

Jason Zweig @jasonzweigwsj

134: Transdigm for Pools, Amazon + MGM, Heico, Cannabis Payments, John Malone, Apple Espionage, Lateralus, Scientific Citations, Citations, and Undersea Cables, by @LibertyRPF

134: Transdigm for Pools, Amazon + MGM, Heico, Cannabis Payments, John Malone, Apple Espionage, Lateralus, Scientific Citations, Citations,…“a sidewalk with lots of brown glass on it”libertyrpf.com

Tom Morgan @tomowenmorgan

I wrote a weekly synthesis on Wall Street for 15 years. I'm not sure I ever produced anything as consistently brilliant as @LibertyRPF. Life-enhancing, trusted-filter content.

Liberty’s HighlightsInvesting & business, science & technology, and the arts.libertyrpf.com

Barbarian Capital @BarbarianCap

Substacks I read M-F @ByrneHobart MWF @LibertyRPF new @Fritz844 fka Asian Stocks M @StockJabber F @MarcRuby F @RationalResear F @jaminball F+S @NikMilanovic ? @rationalwalk ? @petition Other emails (sample) @dealbook @zebulgar @IPOBoutique @TheTranscript_ @Sentieo blog

Science of Hitting @TSOH_Investing

Alright, you got me 💚🥃 @LibertyRPF libertyrpf.com/p/153-nvidia-x…

153: Nvidia (x4!), Stripe IPO, Standardized Units of Exercise (SUE), Ho Nam & Fun as Competitive Advantage, Ted Weschler’s Retirement Accou…“Everybody has default modes”libertyrpf.com

Kyler Hasson @kylerhasson

Terrific interview. @LibertyRPF's substack and @scuttleblurb are two of my favorite things that I regularly read. Do yourself a favor and subscribe to both!

Liberty @LibertyRPF

𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝔼𝕕𝕚𝕥𝕚𝕠𝕟 #𝟙: Interview with David Kim a.k.a. Scuttleblurb (@scuttleblurb -- https://t.co/icXTXqbr7p): 🍪 https://t.co/N464nfqqsV

mule @FoolAllTheTime

Okay the @AndrewRangeley thing about “I know I did good if I hit the @LibertyRPF newsletter” is 1000% true.

Elliot Turner @ElliotTurn

Love @LibertyRPF's newsletter and especially love getting a nice shout-out, thanks!

83: My Thoughts on Investing, Twitter + Newsletters, WSB Sentiment Dashboard, MSFT Q4, Automakers Beg TSMC, Nvidia, EVs, and Mechanized Nuc…“a sand-polishing company”libertyrpf.substack.com

Conor @InvestmentTalkk

After reading @LibertyRPF for a number of months now, for free, it felt like I was guilty of robbery. I am now team Liberty 🥃💚 libertyrpf.com/p/153-nvidia-x…

153: Nvidia (x4!), Stripe IPO, Standardized Units of Exercise (SUE), Ho Nam & Fun as Competitive Advantage, Ted Weschler’s Retirement Accou…“Everybody has default modes”libertyrpf.com

Aaron Edelheit @aaronvalue

“It's like a secular religious movement around an asset” libertyrpf.substack.com/p/84-my-though… If you aren’t subscribing to @LibertyRPF’s newsletter you should.

84: My Thoughts on WSB Phenomenon, Constellation Software’s Topicus Spin-Out, Okta’s Vantage Point, Databricks, Jason Zweig, and the Benefi…“Waste is ugly, waste is inelegant.”libertyrpf.substack.com

Kevin Holloway @Kevin_Holloway

Come for the investment content & Deadwood references...leave w/ interesting thoughts on art, tv, medicine, technology. Great stuff per usual. Looking fwd to 100 https://t.co/PDp0VF4pnE

Liberty @LibertyRPF

86: Writing, Bezos, 21st Century Pumps & Dumps, DCF Stuff, Google Stadia Studios, Apple Report Card & M1 iMac Wishlist, LSD, a Plea for the U.S. Semiconductor Industry $AMZN $GOOG $AAPL $TSM $INTC $GME https://t.co/lVAs91Hx6q

YoungHamilton @YHamiltonBlog

I like @LibertyRPF’s take on Bezos’ shareholder letter. One of the best newsletters on fintwit https://t.co/kKYdY0PfSl

Liberty 💚🥃 @LibertyRPF

117: Bezos' Last Amazon Letter, Microsoft's Nadella on Nuance, Costco 101, Facebook, Coinbase IPO, Snowflake's Sales, Jamie Dimon, Google, Omega 3, and Deadwood $AMZN $MSFT $COST $FB $COIN $SNOW $JPM $GOOG $INTC https://t.co/OzvxvPm6uu

Jon Bathgate @jbathgate

Very cool to see @LibertyRPF highlight some content from the NZS team in some recent posts. His newsletter has quickly moved into my top two (behind SITALWeek of course 😉)

Liberty 💚🥃 @LibertyRPF

130: ASML's Manhattan Project, CAGR, Apple M1 vs Intel, GameStop, Indonesia, SemiconductorLand, DarkSide Ransomware Gang Disbands, and Focus matters a lot $ASML $AMD $CDNS $INTC $LRCX $MCHP $MU $NVDA $SNPS $TSM $TXN $AAPL $GME https://t.co/FVvNKrlGHJ

Damien C. Tanner @dctanner

Although content mainly orbits around tech and investing, @LibertyRPF’s newsletter is unique and eclectic. It’s one of the few I volunteer to pay for. You should subscribe 👌 https://t.co/tQ2xUR5cQ0

Liberty 💚🥃 @LibertyRPF

Not sure what's going on or where this is coming from, but got about 40 new subs since this morning. Whoever is sending these, thank you! 💚🥃 If you want to join the fun, it's free: https://t.co/9rBUG4Kqnn https://t.co/PLQZVgPGnQ

Adrian Knight @RedCoatChicago

If you don’t subscribe to @LibertyRPF daily email newsletter you really need to. Some of the most thoughtful and insightful writing I’ve consumed in a long time. The content is now part of my morning routine.

HoosierInvestor @HoosierInvestor

A few of the best finance and technology “top of funnel” content aggregators I’ve found: - @LibertyRPF Libertys Highlights - @bradsling SITALWeek - WCM Beach Reads All are a curated list of articles by dangerously sharp investors—easily my favorite type of newsletter

Dhaval Kotecha @dhaval_kotecha

One of the best free newsletters out there 💚🥃 If you've not subscribed to this one or haven't followed @LibertyRPF yet, you are missing out! Join using the link below 👇 https://t.co/xNqL8LlA9w

Liberty 💚🥃 @LibertyRPF

Not sure what's going on or where this is coming from, but got about 40 new subs since this morning. Whoever is sending these, thank you! 💚🥃 If you want to join the fun, it's free: https://t.co/9rBUG4Kqnn https://t.co/PLQZVgPGnQ

Michael Walsh ☕ @ThinkIrreverent

Newsletter Highlight Most of you probably know @LibertyRPF The rest of you should check out his newsletter. It's pretty amazing. I was reluctant for a while, but the sheer consistent quality is astounding. If you're on the fence check it out.

Liberty’s HighlightsInvesting & business, science & technology, and the arts.libertyrpf.com

The Undercover Fund Manager @FMUndercover

I highly recommend signing up to @LibertyRPF 's newsletter if you want to learn more about investing, how the world works and how to think better. Such a great service 👍

Liberty 💚🥃 @LibertyRPF

130: ASML's Manhattan Project, CAGR, Apple M1 vs Intel, GameStop, Indonesia, SemiconductorLand, DarkSide Ransomware Gang Disbands, and Focus matters a lot $ASML $AMD $CDNS $INTC $LRCX $MCHP $MU $NVDA $SNPS $TSM $TXN $AAPL $GME https://t.co/FVvNKrlGHJ

Andy 🌵🏜 @bizalmanac

“I used to subscribe to: @TheAtlantic @TheEconomist @NewYorker The holy trinity for liberal east-coast intellectuals 🧐 Now I subscribe to: @LibertyRPF @borrowed_ideas @TSOH_Investing The holy trinity of #Fintwit Substacks 📊” Me just now to @buccocapital via SMS 📱

WookieIndex @WookieeIndex

Alright, only one tab left to go. Looks like it’s @LibertyRPF ‘s newsletter. Okay let’s read it. (Opens 10 more tabs)

Star Wars Reaction GIF

William Oliver used these words to the describe the newsletter. I like it…

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