The Compounding Tortoise

The Compounding Tortoise

Home
Deep Dives
Our Portfolio
Concepts
Webinars
Weekly Digest
Earnings Recaps
Letters to Our Partners
Podcasts
Archive
About

Weekly Digest

VIX Index Spiking to >25%
Why buying the dip could make a lot of sense
 • 
The Compounding Tortoise
Exor Cutting Its Ferrari Stake by Roughly 16%
Ferrari repurchased 300 million EUR at €450/share
 • 
The Compounding Tortoise
3
Adding to a Long-Time Winner
Substantial growth runway is still under-appreciated
 • 
The Compounding Tortoise
4
Is There FOMO in Quality Land?
+ Topicus with a new equity investment worth 170 million EUR
 • 
The Compounding Tortoise
Opening a New Position in High-End Luxury
Partially locking in a >28% IRR on a core holding that's getting a little expensive
 • 
The Compounding Tortoise
8
High-End Luxury and VMS Serial Acquirers - Off To The Races
Let's talk about Topicus, Otis and Hermès
 • 
The Compounding Tortoise
Our Top-5 Stocks For 2025 and Beyond
Growth at a reasonable price
 • 
The Compounding Tortoise
5
Wrapping Up 2024 - Another Year of Robust Earnings Growth and Multiple Expansion
+12.5% FX-neutral growth in NOPAT/share over the first nine months of 2024
 • 
The Compounding Tortoise
2
Dissecting the US’ Outperformance Since 2010
ROIC, profit margins, shareholder-friendly policy, and significant multiple expansion
 • 
The Compounding Tortoise
The Magic Formula to Keep Compounding Amidst Slowing Growth
+ recapping the recent earnings reports, and determining the total consideration paid for M&A
 • 
The Compounding Tortoise
3
It's Buy-and-Monitor, Not Buy-and-Hold
Scenario analysis on FCFs not being distributed to shareholders, taxes, and other factors
 • 
The Compounding Tortoise
2
Quality Growth Weekly Digest #18
Foreign currency translation, the China rally, and mid-teens percent growth in our companies' EBITA per share so far in 2024
 • 
The Compounding Tortoise
© 2025 The Compounding Tortoise
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great culture