The Compounding Tortoise

The Compounding Tortoise

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Fundamental Concepts

Everything You Need to Know About Incentives
A great blog, co-authored with The Intellectual Edge
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The Intellectual Edge
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Intrigued by Drawdowns
Charlie Munger's "Acknowledging what you don’t know is the dawning of wisdom"
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The Art of (Not) Selling - Makings of a Multibagger
Letting time do its work - the paradox of expecting quick positive results
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5 Must-Read Papers for Quality Investors
Insights from Michael Mauboussin, Pim van Vliet, McKinsey, and others
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Why Investors Are Obsessed w/ Their Cost Basis - The Fallacy of Averaging Down
Sunk costs, outcome bias, mean reversion, and being hesitant to averaging up
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Today's Randomness & High-Quality Compounders
Resilience and continuous growth is underpriced, even more so today
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Finding Excellent Capital Allocators
Building on McKinsey's findings and our previous blogs
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How Chris Hohn's Delivered an 18% CAGR Since 2003
Key lessons to be learned from this great investor
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One of the Best Terry Smith Interviews to Date - 6 Highlights
How to use compound interest to grow your investments
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How We Define Sustainable Quality Compounding (Part 4)
Pool Corporation: navigating the recent COVID cyclicality that led to poor ROIICs
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McKinsey's First Principles of Valuation
Our key 10 takeaways from the TIP interview with Tim Koller
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🔎 Everything You Need to Know About Valuation vs. ROIIC and Durability
Why and when paying up for quality makes sense: one of our favorite companies
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