Keep Throwing Spears
Every investor has a moment where they have to decide: trust the consensus, or throw the spear.
5 min read
Every investor has a moment where they have to decide: trust the consensus, or throw the spear.
Management’s goal is to expand from 9 locations to 50+ locations using a capital efficient, high IRR growth strategy.
In bull markets and flat markets, there’s no need for a parachute—you’re still on the plane, climbing higher, cruising effortlessly. But sooner or later, Mr. Market kicks you out. And that’s when reality hits.
The company uses its Search Xcelerator program to find talented operators to lead the high quality businesses it acquires. William Thorndike and past CEO of Danaher are advisors to the company.
It's when people are at their weakest and most desperate that grifters emerge in full force.
“If you don’t have integrity, the other two (intelligence and energy) will kill you.” - Warren Buffett
Have you ever stopped to think about what truly went into creating one of the most iconic works of art in history?
There’s only one reason to buy a stock, but there are infinite reasons to sell a stock.
Dilution is the subtle erosion of ownership. This hidden, persistent addition of new supply of shares leaves shareholders with less and less of the company’s value. Dilution, like inflation, is a silent killer of returns.
Last year on History Channel’s “Pawn Stars”, a gentleman named David walked in with a guitar case. Rick Harrison, owner of the shop and star of the show, inquired, “What do we have here?” As David opened the case, he calmly stated, “It’s a 1963 American-made Fender Stratocaster.
Before producing Michael Jackson’s Thriller and prior to earning 28 Grammy Awards, Quincy Jones tirelessly pursued opportunities and gleaned wisdom from the industry’s finest.
“Investing in stocks is an art, not a science, and people who’ve been trained to rigidly quantify everything have a big disadvantage.” – Peter Lynch What I like about the microcap space is that it is full of people with unique backgrounds. Diversity brings many new perspectives and unique insights,