All ideas

The investor sees Silicon Valley Bank as having competitive advantages, including network effects tied to the innovation economy and venture capital, which could support its growth.

Amazon is included in the Large Cap and Large Cap Concentrated Strategies due to its competitive advantages and growth potential.

Microsoft is viewed as a strong holding due to its competitive advantages and ability to grow the business over time.

The investor believes in Alphabet's competitive advantage and ability to deploy capital at high rates of return, which supports its growth potential.

Trex is positioned to benefit from favorable macro drivers in the home-building sector, particularly in the Repair & Remodel market. The company has a strong brand presence and market share in composi

Simpson can grow cumulatively +5.4% through FY24, outperforming the consensus estimate of -5.7%. The company has a strong strategic priority to grow revenues above the rate of US housing starts while

UnitedHealth is at the forefront of the shift towards value-based care, which is improving cost control and health outcomes. Its vertical integration strategy, including ownership of primary care clin

CDW has evolved from a transactional business to a service-oriented model, significantly increasing its service revenue and enhancing its competitive moat. The company's investment in technical staff

Elevance is positioned well in the managed care space, which is becoming increasingly efficient as healthcare systems shift towards value-based care. The company benefits from a more consolidated mark

CDW is the largest value-added reseller of IT products to small and medium-sized businesses in the U.S., consistently earning returns on capital in excess of 25% due to its low capital intensity. With

Despite challenges from TikTok and concerns over user privacy, Meta is considered a good business due to its superior ad infrastructure and the belief that it can leverage this advantage to compete ef

Carter's was purchased as a good business trading at a reasonable price, but top-line growth did not meet expectations, leading to a quick sale of the position when it became clear that the anticipate

SS&C is viewed as a compelling investment opportunity because of its strong market position and consistent revenue growth in the financial services technology space.

Martin Marietta Materials is considered a strong long-term investment due to its solid fundamentals and growth potential in the construction materials sector.

The investors hold a long position in Elevance Health, citing its robust business model and the potential for growth in the healthcare sector as key reasons for their investment.

Daniel Bakalarz and Alex Furmanski have a long position in CDW Corporation due to its strong growth prospects in the IT solutions market and its ability to adapt to changing technology needs.

The thesis on Simpson Manufacturing focuses on its strong market position and consistent financial performance, which are expected to drive future growth. The company has a solid balance sheet and is

Despite the high amount spent on share repurchases, the stock is currently undervalued at $97 compared to previous repurchase prices. The company has a strong profit generation capability, which could

Disney is known for producing high-quality content and has a strong brand. The suggestion is to avoid overbuilding content and instead focus on maintaining the quality of their offerings, which could

The merger with CBS has the potential to significantly increase revenues and profitability, with a target of reaching $50 billion in market cap. The management team is strong, and the balance sheet is

Diamond Offshore was another high-quality asset identified during a downturn in the oil market, resulting in substantial returns when the market improved. This highlights the value of thorough researc

Transocean was identified as a high-quality asset during a downturn in oil prices, leading to significant returns when the market recovered. This demonstrates the importance of understanding the busin

Olin has been a strong performer in the portfolio, and the ability to move capital around based on intrinsic value allows for maintaining a low overall portfolio valuation.

Costco is a strong business that generates over 20% returns on new store openings, making it a brilliant use of capital. The stock is rarely cheap, but the company pays special dividends when cash bui