All ideas

We believe Analog Devices is undervalued following its acquisition of Linear Technology, which initially caused the stock to decline. The market's perception of it as 'dead money' due to regulatory de

Roper has a unique culture and business model that focuses on cash flow and sensible acquisitions, making it a strong long-term investment choice.

Schwab is considered the most interest rate sensitive stock, and while the market has adjusted to interest rate expectations, the potential for higher marginal returns makes it an attractive long-term

Etsy is positioned to benefit from strong network effects and data feedback loops, which enhance its profitability as it grows. With a current valuation of around $25 billion and potential for $10 bil

Etsy is a two-sided marketplace that specializes in handmade products, benefiting from trends towards individualism and supporting small businesses. With a small market share in a large eCommerce mark

John Huber describes VeriSign as the 'toll road of the internet' due to its monopoly on .com and .net domains, which provides high-margin, recurring revenue. He acknowledges that he sold the stock too

John Huber mentions owning NVR due to its well-managed business model that reduces risks inherent in the homebuilding industry. He appreciates its cost-efficient operations and strong culture, which m

John Huber believes Apple is a great brand with a highly sticky ecosystem and a strong retention rate in hardware, which creates recurring revenue similar to a subscription model. He acknowledges that

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