#QualityTuesday!
A high ROIC only helps if the company has somewhere useful to put the next dollar. That second part gets missed a lot.
An article about this crucial topic must be written
Much appreciated, John!
Great framework for long-term investors! Focusing on high ROCE and consistent cash flows is always the key to finding quality compounders.
Much appreciated, Aman!
The Diploma chart is the real proof, not the formula — 18.9% for 34 years is what a high ROIC floor buys once reinvestment gets layered on top of it.
Diploma is an amazing business. It could be tremendously valuable to study their business model more
A high ROIC only helps if the company has somewhere useful to put the next dollar. That second part gets missed a lot.
An article about this crucial topic must be written
Much appreciated, John!
Great framework for long-term investors! Focusing on high ROCE and consistent cash flows is always the key to finding quality compounders.
Much appreciated, Aman!
The Diploma chart is the real proof, not the formula — 18.9% for 34 years is what a high ROIC floor buys once reinvestment gets layered on top of it.
Diploma is an amazing business. It could be tremendously valuable to study their business model more