Has the Market Bottomed Out?
It is important to understand that the intrinsic value of a business is the present value of all the cash generated over its lifetime. And most would agree that COVID-19…
How to Identify Companies that Will Emerge Stronger after COVID-19
Since COVID-19 caused countries to go into lockdown, we have seen the conversation amongst investors shift abruptly from a company’s growth prospects to, “How long can they survive without revenue…
How Ferrari Delivered Outsized Returns for Investors with Its Economic Moat
The moat surrounded Ferrari has proven to benefit investors immensely. Since its spin-off in 2016, it has delivered a CAGR of 37.3%, delivering a 400% return prior to Covid-19 within…
How to Invest Better during Market Crashes
“Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum…
Facebook’s Incredible Business Model – Part II
In the second part of Facebook’s write-up, we will examine how its moat enables it to generate a high Return on Invested Capital (ROIC). We will also discuss its growth…
Facebook’s Incredible Business Model – Part I
Facebook probably has one of the best business models in the world. Even before it went public, the company grew its revenue by 57% and had…
Breaking Down My Investing Framework
I started my investing journey around 14 years ago, after reading Rich Dad, Poor Dad. The idea of acquiring income-producing assets resonated with me and I have since been consuming…