Last weekend, The Fifth Person held an event, Alpha Summit for both the public and Alpha Lab members (Yes, I am a subscriber, you can find the link here).
There were different speakers (Rusmin, Victor, Kenny and Jun Hao) covering their topics ranging from financial ratios for screening, to portfolio management, to the retail industry, to market cycles and even new case studies of companies not covered in Alpha Lab yet.
I will go through some of the highlights which made more impact to me.
On Asset light businesses