Delivery Hero: Operational Improvements But Still Many Uncertainties

Core Viewpoint - The article aims to provide an updated analysis of Delivery Hero, reflecting on various developments since the last article published in February 2024, emphasizing a value investing approach focused on long-term potential rather than short-term market fluctuations [1]. Company Analysis - Delivery Hero is viewed through the lens of value investing, where the focus is on investing in great companies at a price below their intrinsic value to ensure a margin of safety [1]. - The author expresses a long-term investment philosophy, indicating that volatility is not perceived as a risk but rather as a factor to be understood when investing in businesses [1]. Investor Perspective - The article highlights the importance of understanding the businesses in which investments are made, rather than engaging in trading based on market emotions [1]. - Influential investors such as Warren Buffett, Charlie Munger, Peter Lynch, and Mohnish Pabrai are mentioned as inspirations for the author's investment philosophy [1].