🏰 10 Investing Books
And a free investment case
It’s #QualityTuesday!
In this series, I’ll teach you 5 things about the stock market in less than 5 minutes.
1️⃣ 10 Investing Books
The advice I always give to investors?
Never stop learning. I already read 67 books this year.
You don’t know where to start? Read these ten amazing books:
2️⃣ Free E-book
Do you know the difference between Enterprise Value, Market Value, and Book Value?
Learn everything you need to know in this free e-book:
3️⃣ One simple investment quote
One aspect people underestimate? Time.
Don’t wait for the right timing to enter the stock market:
4️⃣ Companies That CAN’T Be Beaten
The most important thing for Quality Investors? The moat.
Companies with a moat outperform by 3% to 4% per year on average.
In this webinar together with Maurits Pots (Tema), I teach you everything you need to know:
PS Could you do me one favor in exchange for all this hard work? TJ is doing some amazing work with the Youtube account of Compounding Dividends. You can subscribe here.
5️⃣ Stock Pitch: Copart ($CPRT)
How does the company make money?
Copart ($CPRT) makes money by auctioning and storing used, damaged, or salvaged vehicles for insurance companies and other sellers.Copart starts to become more and more interesting.
The stock is down 12.5% YTD and now trades at Forward PE of 29.9x.
Copart is a phenomenal business that reinvests a lot in organic growth. It’s a company I would definitely like to own at the right price.
I would start to become interested at a price of around $45.
Shivam, an invaluable Partner of the Community recently wrote an investment case about Copart. You can find it here:
Everything in life compounds
Pieter (Compounding Quality)
PS You are not a Partner of Compounding Quality yet? Discover everything you need to know here.
Book
Order your copy of The Art of Quality Investing here
Used sources
Interactive Brokers: Portfolio data and executing all transactions
Fiscal.ai: Financial data