The Compounding Tortoise

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Dissecting the US’ Outperformance Since 2010
ROIC, profit margins, shareholder-friendly policy, and significant multiple expansion
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The Compounding Tortoise
🐢 The Best of The Compounding Tortoise
About Return On Invested Capital, business quality, the Art of Valuation, and much more
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Our Potential Buys for 2025
Three serial acquirers, a value-based retailer, and a leading consumer company
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Adding to These Two Positions
Two themes with solid long-term risk-adjusted returns, with markets at all-time highs
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Q3 2024 - Constellation Software & Its Spin-Outs - Full Analysis
Looking under the hood, contextualizing cash performance - well on track for another solid year
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9M 2024 - Sanlorenzo - Full Analysis
Strong resilience across all product ranges, and a positive view on 2H 2025
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Q3 2024 - Harvia - Full Analysis
Profitability well above expectations, driven by strong demand for premium and high-end solutions
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The Outlook for the Automotive Aftermarket
AutoZone and O'Reilly Automotive share their views during Gabelli Symposium
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Constellation Software's Spin-Offs: Unwavering Focus on Profitability
Strengthening competitive positioning as a common denominator for our companies in Q3
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Q3 2024 - Topicus.com - Full Analysis
Blowout quarter for profitability - M&A engine reaccelerating at the end of Q3?
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October 2024

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