The Compounding Tortoise

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Weekly Digest

Opening a New Position in High-End Luxury
Partially locking in a >28% IRR on a core holding that's getting a little expensive
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The Compounding Tortoise
8
High-End Luxury and VMS Serial Acquirers - Off To The Races
Let's talk about Topicus, Otis and Hermès
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The Compounding Tortoise
Our Top-5 Stocks For 2025 and Beyond
Growth at a reasonable price
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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
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The Compounding Tortoise
2
Dissecting the US’ Outperformance Since 2010
ROIC, profit margins, shareholder-friendly policy, and significant multiple expansion
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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
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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
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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
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The Compounding Tortoise
Thorough Analysis: More Crucial Than Ever
+ Coffee can investing and central banks
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The Compounding Tortoise
Calculating ROIC for a Serial Acquirer (Lifco)
+ what to learn from the dismal performance at Dollar General and Ulta Beauty
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The Compounding Tortoise
Quality Growth Weekly Digest #15
The underrated concept of the "Expectations Treadmill"
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The Compounding Tortoise
1
Quality Growth Weekly Digest #14
With the VIX reaching 29%, buying opportunities present themselves - but not everywhere
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The Compounding Tortoise
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