What's in the Latest Issue?
No Compromises
Dev Kantesaria of Valley Forge Capital Management describes what he considers the key characteristics of compounders, why he currently holds only eight stocks, why none of those stocks is a member of the “Magnificent Seven,” why he's such an inactive trader, and what he thinks the market is missing in ASML Holding, S&P Global, Intuit and Mastercard.
Anti-Fragility
Tourbillon Investment Management’s Ben Beneche and Ramesh Narayanaswamy explain the primary attributes of the durable businesses they want to invest in, the industry sectors they’re finding particularly interesting today, and why they see mispriced value in Genky DrugStores, Pason Systems, Fielmann Group, Svenska Handelsbanken and Admiral Group.
Uncovering Value: Nutrien
Assessing opportunity in a notoriously cyclical but reliably in-demand business over time.
Uncovering Value: Hub Group
Seeing beyond today's industry dynamics to find much brighter prospects on the horizon.
Editor's Letter
Driving carefully in a seemingly full-speed-ahead market.
Investment Highlights
Hub Group, Nutrien, Admiral Group, ASML Holding, Fielmann Group, Genky DrugStores, Intuit, Mastercard, Pason Systems, S&P Global, Svenska Handelsbanken
Other Companies in this Issue:
PayPal, Adobe, Aspen Technology, AutoZone, Bossard Holding, Constellation Software, Cosmos Pharmaceuticals, Fair Issac, Howden Joinery, MTU Aero Engines, Nike, Starbucks, Texas Instruments