🏰 The greatest acquisitions of all time
#MondayMinute
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🏰 The greatest acquisitions of all time
In some cases, acquisitions can create a lot of value over time. Here are the top 10 acquisitions of all time according to 10kreader.com:
🏰 Signs we reached the top and bottom of the market cycle:
Mr. Market (the stock market) goes through periods of severe pessimism and extreme euphoria. Do you want to know where we are in the market cycle? Take a look at the table below:
🏰 One simple investment quote
Investing is a marathon, not a sprint. Think on the long term and you already have a BIG advantage compared to other investors.
"Checking your stocks daily is like putting up a webcam in the forest to see if the trees are growing."
🏰 Reading inspiration
Warren Buffett is one of the best investors in the history of humankind.
You can download all his shareholder letters in 1 PDF file for free. The file can be downloaded here:
🏰 Example of a quality company
"Mastercard and Visa's profit margins are 4x as high as the average company within the S&P 500. This means that you could halve their profit margin, and do it again to get to the average profit margin of other companies. This indicates that Mastercard and Visa have a strong moat." - Chuck Akre
Source of the picture below: Long Equity
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About the author
Compounding Quality is a professional investor which manages a worldwide equity fund with more than $125 million in Assets Under Management. We have read over 500 investment books and spend more than 50 hours per week researching stocks.
I am long overdue to visit the Archives! 😃
10kreader.com is gone. 🤷
I remember Double Click! Does that make me old? 👴
The chart from Flame University is awesome! That needs to be reposted in the Circle Community! 👍 Today is Oct 11, 2024. According to the chart I think we are two or three steps above the bottom with plenty of room before the top.
Looking back at Q2 2020 through Q4 2021, I see a lot of signs markets were running toward a top.
Number 1 - We seemed to have lots of SPACs.
Number 2 - Asset prices shot up like rockets starting Q2 in 2020.
Number 5 - A class of investor celebrities came about. Bill Ackman and Cathy Wood were all over.
Number 6 - Volume was heavy!
Number 8 - People were buying art, wine, and collectables.
Number 11 - Retail / amateur investors stuck at home with COVID stimulus money stimulated markets.
Number 12 - Everything was "cloud this", "cloud that". You could cut the euphoria with a spoon!
Then when inflation hit and rates rose, we saw our trip down to the bottom.
Number 1 - No more SPACs.
Number 4 - Multiples contracted.
Number 6 - Rates actually rose because of inflation but now we are seeing rates fall. Soft landing?
Number 9 - Nobody liked REITs.
Number 11 - Investors sold equities and bought Treasury issues.
Number 12 - Sam Bankman Fried and his cronies got busted.
Number 13 - Nobody is happy with inflation.
I'm printing that chart and hanging it! 🖼️
Google says the quote, "Checking your stocks daily is like putting up a webcam in the forest to see if the trees are growing." came from Burton Malkeil. Is that true?
" All shareholder letters Warren Buffett " is not available. can you update it?