Sitemap - 2024 - The Compounding Tortoise
Wrapping Up 2024 - Another Year of Robust Earnings Growth and Multiple Expansion
Two Year-End Adjustments to the Portfolio
What Quality Investors Can Learn from Constellation Software's Track Record
Deep Dive - Constellation Software Inc.
Dissecting the US’ Outperformance Since 2010
🐢 The Best of The Compounding Tortoise
Q3 2024 - Constellation Software & Its Spin-Outs - Full Analysis
Q3 2024 - Harvia - Full Analysis
The Outlook for the Automotive Aftermarket
Constellation Software's Spin-Offs: Unwavering Focus on Profitability
Q3 2024 - Topicus.com - Full Analysis
Q3 2024 - Linde Plc - Full Analysis
Q3 2024 - Otis Worldwide - Analysis
Which Quality Stocks to Buy Now?
The Magic Formula to Keep Compounding Amidst Slowing Growth
Q3 2024 - O'Reilly Auto - Full Analysis
Q3 2024 - Hermès Int'l - Analysis
Q3 2024 - Lifco AB - Full Analysis
Q3 Earnings Season - Much Ado About Nothing?
Adding a New Holding to The Portfolio
Preview Q3 - Harvia: Preparing for the Next Growth Phase
Preview Q3 O'Reilly Automotive: Growing Outperformance
It's Buy-and-Monitor, Not Buy-and-Hold
Preview Q3 Lifco: Stabilizing Comps
Letter to Our Partners - Q3 2024
Serial Acquirer Report September 2024
Quality Growth Weekly Digest #18
Q4/FY 2024 - AutoZone - Analysis
Interest Rates & Quality Growth Investing
Thorough Analysis: More Crucial Than Ever
The Asymmetrical Risk-Return of Quality Companies
Calculating ROIC for a Serial Acquirer (Lifco)
Deep Dive - O'Reilly Automotive
All You Need to Know About Return On (Incremental) Invested Capital
Advance Auto Parts Crashes on Q2 Earnings & Dismal Outlook
O'Reilly Automotive's 2024 Analyst Day
Buying Alert for an Existing Position
Quality Growth Weekly Digest #15
Will Our Quality Growth Companies Revert to the Mean?
Put This Wonderful Compounder in Your Coffee Can
Q2 and 1H 2024 - Constellation Software & Its Spin-Out Companies
Q2 2024 - Harvia - Full Analysis
Massive Volatility Spike - What to Do Next?
Q2 2024 - Linde Plc - Full Analysis
Quality Growth Weekly Digest #14
The Power of Steady Compounders
Optimizing the Risk-Adjusted Performance of a Quality Portfolio
Reviewing The Recent Earnings Reports
1H 2024 - Hermès Int'l - Full Analysis
O'Reilly Automotive's Q2 2024 - Full Analysis
Q2 2024 - Analyzing Otis' Performance
Highly Attractive M&A Deal for Harvia
Quality Growth Weekly Digest #13
Burberry: Another Profit Warning
Will Stock Picking Outperform Treasuries?
Sources of High-Quality Growth
Reviewing Lifco's Q2 Performance
Quality Growth Weekly Digest #12
Why Excellent Working Capital Management is So Underrated
Letter to Our Partners - H1 2024
At The Crossroads Between Perseverance and Herding
Adding to One of Our Smaller Positions
Preview Q2 Lifco: Trading at Lofty Multiples
Adding a New Name to Our Buy List
Constellation Software AGM: Still Rockin' & Rollin'
How Much Earnings Growth Do We Need?
Our Companies Delivered 13.5% EBITA per Share Growth in Q1 2024
How We Implement the Dollar-Cost Averaging Strategy
3 Contrarian Buying Opportunities in Quality Land
Launching Our Premium Community on Discord
Dealing w/ Opportunity Costs As Quality Growth Investors
Quality Growth Weekly Digest #8
Putting More Capital to Work in One of Our Long-Time Favorites
Terry Smith on AI - Will There Even Be a Winner?
Quality Growth Weekly Digest #7
Buying a New Position in This 171-Year-Old Winner
Exceptional Absolute and Risk-Adjusted Returns - Why and For How Long?
Persistence of High Risk-Adjusted Returns
Roaring Kitty is Back - Long Live Risky Stocks!
Q1 2024 - Full Analysis of Constellation Software & Its Spin-Out Companies
When Inactivity Pays Dividends
When ROIC is a Flawed Metric - Part II
Managing Expectations: Short-Term Comparisons and Headline Numbers
Incentive Programs - Preserving the Compounding Flywheel or Destroying It?
Everything According to Plan For This Speciality Consumer Small Cap
Linde Targets More Prudent Capital Management in FY24
Our Secret Sauce to Finding Great Compounders
Portfolio Alert - Why We're Adding to These Two Winners
Our All-Weather Quality Portfolio
Significant Insider Buying at Lifco
Buying Opportunity in This Cannibal?
No Slowdown For Our Largest Holding
Webinar - Volatility, Buybacks vs. Dividends & Constellation Software
Our Favorite Tool to Buy Great Quality Companies During Market Corrections
LVMH Q1 2024 Sales Performance
Stock Market Corrections: Long Live The Buybacks!
Successful Serial Acquirers - Is the Playbook Still Intact?
Taking Our Substack to the Next Level
Serial Acquirer Event Redeye - Part I
Buying a Toehold Position in This New Name
A New Compelling Long-Term Buy for the Portfolio?
Letter to Our Partners - Q1 2024
Our Two Favorite Buys after a Stellar Q1
The Hermès Int'l Annual Report is Out - Why It's a Must-Read
How to Define NOPAT - Constellation Software and Linde Plc
Webinar - How Much Should We Pay For an Excellent Business?
What To Look For In A Great Serial Acquirer?
Inflation is Far From Dead - How to Invest
Why Do Quality Stocks Outperform Over The Long Run?
Webinar - Our Magnificent 9 to Sleep Well At Night
Further Streamlining Our Portfolio
Constellation Software - Analysis of Q4 23 and FY 23
What To Make of Topicus' Special Dividend?
The Kings of Buybacks - Why Consistency Leads to Mind-Blowing Returns
Webinar - The Art of Valuation
Deep Dive - Hermès International
Portfolio Alert: 1 Planned Buy
How to Construct an All-Weather Quality Stock Portfolio
Pitching Our Top 3 Stocks to Buy Now
Webinar - Valuing Companies & Three Proven Metrics
How to Value Companies - Basic Ingredients
Topicus.com - FY23 Results & Strong Start to FY24
When ROIC is a Flawed Metric - 5 Scenarios (and Examples)
Our Largest Holding is Breaking Records
Earnings Recap: Three Compelling High-Quality Companies
Record Year & Double-Digit Growth Outlook For This Long-Time Compounder
Mastercard - Revisiting Our Initial Investment Case
LVMH - FY 2023 Earnings Discussion
The 12 Best No-Nonsense Lessons from Mark Leonard (Constellation Software)
Portfolio Alert: 2 Planned Buys
Silent Compounders: Put This One on Your Watchlist
A Closer Look At Our Serial Acquirers