by Daniel Ogden | Sep 20, 2023 | General
How we find great businesses Our portfolios are stuffed with companies that possess durable advantages over those who would compete for their customers. We identify these businesses in two steps: 1) we filter for extraordinary profit margins and business returns, and...
by Daniel Ogden | Sep 11, 2023 | General
There is now an alternative to stocks It’s back to normal for the 10 year Treasury Bond, as the chart below illustrates. In fact, with the bond yielding just over 4%, it is trading at its average yield since World War II. We think this approximates the yield investors...
by dockstreet | Aug 23, 2023 | General
Quality Investing and Advice without Compromises All customers want great service & reasonable prices. But the financial services industry has typically only offered one of these options at a time. If you want strong financial returns, you’re going to have to pay...
by Daniel Ogden | Aug 15, 2023 | General
Without crashing the economy Last year the major financial story was stubbornly high inflation. In 2023, we’ve seen continual improvements as inflation gradually returns to more normal levels (as we anticipated last November). The most common measurements of inflation...
by Daniel Ogden | Jul 20, 2023 | General
It’s easier when you already have customers There’s tremendous excitement about the possibilities for AI in business. One of the most common questions I hear is “what’s the next great business that will get created because of AI?” The direct answer to that question is...
by Evan McGoff | Jul 11, 2023 | General
Nvidia drives a new wave of infrastructure investment When we first bought Nvidia in 2017, the catalyst was that large companies started buying Nvidia Graphics Processing Units (GPUs) for processing data for artificial intelligence (AI) calculations (see more here in...
