Long Equity
Long Equity runs a single concentrated investment strategy consisting of value-creating and price-setting companies. He holds a Masters degree in banking and a PhD in quantitative modeling.
Return-free risk
📟 Five under-the-radar US small-cap and mid-cap compounders
🚀 A new class of compounder? Measuring growth through assets
I’m excited to share some of my latest research. The aim was to look for companies that are growing their total assets, at a consistent rate, corrected for goodwill. Balance sheet growth vs income statement growth When looking for growing companies, investors typically head straight to the income statement
🔬 The Hidden Power Behind Every Chip
🚀 Major Upgrade: Qualitative Insights Now in the Global Compounders Database
🌬️ A Hidden Oligopoly Powering Decades of Quiet Growth
I’ve recently taken a closer look at a lesser-known corner of the industrial economy and discovered a textbook example of a global oligopoly hiding in plain sight. It's the industrial gas sector, which is dominated by just four companies that have delivered consistent growth and impressive returns
☀️ Global Compounders: July update
I hope you're having a lovely Summer so far. I recently returned from a holiday in Guernsey, Herm and Sark - which are three of the Channel Islands off the south coast of England, just west of France. There are two items in this month's update.
🔱 The investment strategy of Terry Smith
⚜️The luxury checklist
❄️ Just released: How HVAC's coolest operator became a cash machine
📐 Insights from linear compounders
I was recently looking at McDonald's and it's hard not to be impressed by its share price chart - see below. Over the last 20 years, they've grown their share price at an annualised rate of 12% per year. Equally impressive is the linearity