Results Season Essentials

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I’m Pieter, and welcome to an 🔒 exclusive edition 🔒 of Compounding Quality. Each week, we discuss the financial markets and update our Portfolio.

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Results season is running at full speed.

A lot of Quality Stocks published their results already.

We analyzed everything and summarized our key findings in this article.

Results Season

What is the key lesson from Q3 results so far?

Losers tend to keep on losing, winners tend to keep on winning.

Four companies in Our Portfolio published their great-to-excellent results this week.

All of them have grown their intrinsic value per share at attractive rates.

As we know, stock prices always follow the evolution of the intrinsic value in the long term:

The companies in Our Portfolio that published their results grew their intrinsic value on average by 13.6% year-on-year.

If the market is rational, the stock prices should follow.

Now let’s dive into these great results: