Hi Partner š
Welcome to this weekās šĀ free editionĀ š of Compounding Quality. Each week we talk about the financial markets and give an update on our Portfolio.
In case you missed it:
Subscribe to get access to these posts, and every post.
Itās #QualityTuesday!
In this series, youāll learn 5 things about the stock market in less than 5 minutes.
1ļøā£ Naval Ravikant
The Almanack of Naval Ravikant is a must-read for everyone.
I summarized the essentials in 21 lessons:
2ļøā£ How to ruin your life
Just imagine playing Monopoly and never buying any assets or investments that generate income.
You just collect your starting money every time, giving it to the rich and trying to stay out of jail.
Sounds ridiculous. Isnāt it?
And yet itās how most people live their lives.
Donāt be this way. Invest in assets that make money for you while you sleep.
Source visual: David Henning
3ļøā£ One simple investment quote
Did you know that the difference between a stock's 52-week high and 52-week low is usually 80% (!)?
Keeping your emotions in check is probably the most important thing in investing.
āUntil you can manage your emotions, don't expect to manage money.ā ā Warren Buffett
4ļøā£ Survey
The Wisdom of Crowds is amazing.
Help Compounding Quality become better by answering these 5 questions.
I am handing out prizes for people who take 3 minutes to help:
A signed copy of The Art of Quality Investing
A 1-month subscription to Compounding Quality Premium
A 1-year subscription to Compounding Quality Premium
5ļøā£ Example of a Quality Company
Old Dominion Freight Line is the fourth-largest less-than-truckload carrier in the United States. The company is by far one of the most disciplined and efficient providers in the trucking industry.
Profit margin: 21.2%
ROIC: 26.8%
Forward PE: 28.4x
Expected EPS growth (next 3 years): 18.2%
CAGR since IPO: 19.8%
šĀ If you enjoy reading this post, share it with friends! Or feel free to click the ā¤ļø button on this post so more people can discover it on Substack š
Whenever youāre ready
Thatās it for today.
Do you want to walk our investment journeys together?
Consider becoming a Partner of Compounding Quality.
Compounding Quality is all about securing your financial future.
Whenever youāre ready, hereās how I can help you:
š Access to my Portfolio with 100% transparency
š Access to my ETF Portfolio
š Full investment cases about interesting companies
š Access to the Community
āļø And much more!
Subscribe now to get access to everything:
Everything in life compounds
Pieter (Compounding Quality)
Book
Order your copy of The Art of Quality Investing here
Used sources
Interactive Brokers: Portfolio data and executing all transactions
Finchat: Financial data
Do you ever sell any of these great investments? If so, what is your sale criteria?