Just a reminder about the importance of compounding

@blueprintsmb22 What do u think works in an interview to identify talent?

@MikeFritzell @honson_10 @orrdavid It’s a RFID reader and the items all have rfid tag in them. Sato Holdings 6287 is one of the supplier. U can find these check out systems in Decathlon stores as well.

Listed market maker Virtu Financial has bought back almost 20% of its shares outstanding since 2020 $VIRT

@Main_Ridge I’m not asking for much. Just looking for companies with >10% growth at <10x PE with founder owning >10%

@MikeFritzell So rare in this industry. Feel like many people in the industry have a narcissistic tilt or even psychopathic tendencies. Sometimes I wonder whether that’s what it takes to be successful in this game.

Someone forgot to tell these guys that China stocks go down not up

@DaBao_ Haha why do we do this to ourselves 😂 should just buy QQQ and chill

Avian Brands is Indonesia’s largest paint company with 20% market share. Their EBITDA margin is one of the best globally. Higher than Nippon Paint, Asian Paints, Sherwin-Williams. They announced a buyback of 1tn IDR in Dec23 and about halfway completed. Trades at 17x PE

@sweetstocksblog Thank you sir

@bauhiniacapital @garychanhk825 Thanks man. This is really helpful

@bauhiniacapital @garychanhk825 What about adhesives and sealants? The color or aesthetics are less of a differentiation factor right?

@garychanhk825 Just looking at this Nippon Paint acquisition of AOC

@sweetstocksblog Thanks. Why would there be high switching cost? Is there really that big difference across brands?

@PenttiJokinen Does it mean 15-20% or 13-14%

When people say Stan Druckenmiller never had a down year or that he generated 30% returns over 30 years. Where are people getting those numbers? Is there a source that shows the historical annual returns?