Dollar General Business Breakdown

Dollar General Business Breakdown

Dollar General is a well-managed company whose business model has shown to be resilient against economic downturns and the threat of e-commerce. In this COVID-19 environment, the company has delivered crushing results. With SSS up 12.2% and gross profit up 24.4%. This is likely due to a combination of hoarding, less traveling due to safety measures and thus we see a significant uptick in items per transaction. However, I do not expect growth to persist at such a high clip. The market appears to be very buoyant about the company’s growth prospects given that they are trading at historically high valuations.

Why I Own Disney Shares

Why I Own Disney Shares

The happiest place on earth. It is near impossible to replicate Disney’s share of mind even if you have all the money in the world.

The Disney name is well-known to billions of people. It has a meaning, an emotion perhaps, attached to it globally.

It is hard to find another brand that is unanimously known as the happiest place on earth.

With Disney+, it is now able to ship this happiness at an unprecedented scale.

Year 2020 In Perspective

Year 2020 In Perspective

Despite the backdrop of COVID-19, the year 2020 has been good to me. Writing online made me a better learner and allowed me to meet people smarter than me from all around the world.

I broadly summarize my key learnings into investing and writing online.

Terry Smith on Accelerated Share Repurchases

Terry Smith on Accelerated Share Repurchases

There is only one combination of facts that makes it advisable for a company to repurchase its shares: First, the company has available funds — cash plus sensible borrowing capacity — beyond the near-term needs of the business and, second, finds its stock selling in the market below its intrinsic value, conservatively-calculated.

Why Did Bill Ackman Buy Into Hilton?

Why Did Bill Ackman Buy Into Hilton?

Hilton first got my attention earlier this year when Ackman doubled down. This was after his incredible timing (both with buying and selling) with his hedge, profiting over $2b (on a $27m premium) during the sharp drawdown in March.

Because of its cyclical nature, a traditional hotel company’s earnings are extremely lumpy.

This begs the question—Why would Ackman be interested in Hilton?

Understanding restaurant franchises – Domino’s Pizza

Understanding restaurant franchises – Domino’s Pizza

For anyone looking to start learning how to invest, I would always recommend starting with products or services you use. Being a foodie myself, F&B naturally falls within my circle of competence!

Before we even dive into today’s main topic, when selecting F&B companies as investment, always choose companies with products that could become part of their customer’s routine. Even better if it’s a little addictive.