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Starbucks is mentioned as a classic example of a company that could reinvest capital effectively, leading to high compounding rates over time.

Home Depot is referenced as a historical compounder that achieved high rates of compounding through effective capital reinvestment in new store locations.

Walmart is cited as a classic example of a company that was able to reinvest capital into new store locations at high returns for a long time, demonstrating the characteristics of a compounder.

Facebook is mentioned as a company with high returns on capital and a strong growth potential, characteristic of today's compounders that can scale rapidly due to their digital nature.

Copart is an example of a company that exhibits characteristics of a compounder, with high returns on capital and a long growth runway, allowing it to reinvest capital effectively.

Live Nation is expected to recover strongly post-COVID due to its dominant position in the arena business and the anticipated increase in ticket sales as events resume. The company has a robust cash f

Recommendation to long DXC Technology with a 3-yr target price of $70 due to ongoing earnings stabilization led by the new CEO, an undervalued Luxoft segment representing a $5 Bn valuation opportunity

Keraben Grupo was acquired at an attractive valuation of approximately 4.9x EBITDA, significantly lower than its competitor Mohawk at 11.5x. The investment involved a turnaround plan that led to subst

Valvoline's investment thesis is informed by private equity insights, particularly regarding unit economics, which enhances the understanding of its market position and potential for growth.

Dick's Sporting Goods is positioned to thrive despite industry disruptions, having a strong balance sheet and a strategic advantage from the closure of competitors like Sports Authority. The company h

Valvoline, trading at approximately 9x forward EBITDA, has shown strong operating performance since its spinoff and has a significant growth opportunity in its quick lubes business. The company is exp

Avalara is a high gross margin business with a sticky product and a large underpenetrated total addressable market (TAM). The management team is reinvesting in sales and marketing, which is viewed as

Euronext was initially invested in due to its potential as an independent entity post-spinoff, with expectations of margin improvements through cost-cutting and efficiencies. The company has since exc

Crown Holdings' stock price collapsed after its acquisition of Signode, allowing investors to buy the stock at a lower multiple than the acquisition cost. The company is also benefiting from secular t

RealPage is positioned to gain significant market share in the underpenetrated property management market, supported by a strong M&A strategy that enhances its service offerings. The company's high re

Live Nation is poised for a strong recovery post-COVID, with expectations of event attendance rebounding to pre-pandemic levels. The company's strong balance sheet and market position provide a solid

DXC Technology is undervalued due to the market not recognizing the growth potential of its Luxoft segment, which has a significant total addressable market. The company is trading at a deep discount

RealPage is viewed positively due to its strong market position and growth potential, making it a favorable long-term investment.

Live Nation is considered an attractive investment as it is poised for recovery following the impacts of COVID-19, benefiting from the resurgence of live events.

DXC Technology is seen as a compelling investment opportunity due to its potential for recovery and growth in the post-pandemic environment.

United Rentals is a competitor to Ashtead and is expected to be a long-term winner in the equipment rental industry. The investor is familiar with the business model and believes both companies have s

NXP is a global leader in sensors and technology that supports the trend towards safer driving, including auto-braking and driver assistance systems. The stock was purchased at an attractive valuation

Ashtead is well-positioned to benefit from the increasing rental penetration rate in the U.S. equipment rental market, which is currently much lower than in the UK and Japan. The company's national pr

NXP Semiconductors was added to the portfolio after being on the radar for some time. The firm had a strong understanding of the business and its competitors, and the investment was made when the stoc