Separating mature companies from compounders
Very important distinction when looking at ROIC!
Past success doesn’t guarantee future glory.
For companies to keep soaring, they need plenty of runway ahead—and remember, no business can outgrow its own Total Addressable Market (TAM). Always measure the opportunity before betting on the encore.
Well said
Very well said. Reinvestment/capital allocation is incredibly important.
Thanks, great to hear a view on the nuances of measuring quality.
Thank you, I'm unfamiliar with some of your terms. Would you care to explain some of them?
Very important distinction when looking at ROIC!
Past success doesn’t guarantee future glory.
For companies to keep soaring, they need plenty of runway ahead—and remember, no business can outgrow its own Total Addressable Market (TAM). Always measure the opportunity before betting on the encore.
Well said
Very well said. Reinvestment/capital allocation is incredibly important.
Thanks, great to hear a view on the nuances of measuring quality.
Thank you, I'm unfamiliar with some of your terms. Would you care to explain some of them?