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.
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
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
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. Let&
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 of