Topic: Quality Compounders
2 posts tagged “Quality Compounders”.
The Compounding Machine: A Three-Legged Stool
What separates a business that compounds for decades from one that plateaus? Chuck Akre's answer rests on three legs — an extraordinary business, talented owner-operators, and, crucially, a long runway to reinvest.
Buy Good, Don't Overpay, Do Nothing
Terry Smith's whole philosophy in three steps — and the last is the hardest. A simple return estimator, a quality screen built to resist manipulation, and the deliberate discipline of inactivity.