World Acceptance Corporation
Thesis
Patrick Stadelhofer pitched World Acceptance Corporation, identifying it as a compelling investment opportunity during the Moon Lee Prize Competition.
Did it work?
partial
confidence: medium
The long call on World Acceptance Corporation was directionally correct, with the stock up +108.0% over the ~12.6 years since the pitch. However, that equates to only roughly 6% annualized, which likely lagged the broader market over the same period and falls short of what a 'compelling investment opportunity' would imply. The thesis played out in direction but not in magnitude of outperformance.