14 Comments
Jul 11, 2023Liked by Compounding Quality

Thank you for keeping us informed. Iā€™m learning new things every Tuesday and Thursday from you ! Please keep them coming! Much appreciated

Expand full comment
author

They will certainly keep coming. Thank you very much, JB!

Expand full comment
founding
Jul 11, 2023Liked by Compounding Quality

CQ,

It's always, always such a pleasure and benefit to read your articles!

Greetings from Plovdiv-the oldest continuously inhabited city in Europe!

šŸ™šŸ»

Expand full comment
author

Enjoy your Holidays, Pavel!

Well deserved!

Expand full comment
Jul 11, 2023Liked by Compounding Quality

Awesome information on POINT ! šŸ’Æ %

Expand full comment
author

"Everything should be made as simple as possible, but not simpler." - Albert Einstein

Expand full comment

We took a pic of that reading list. Thanks CQ!

Expand full comment
author

Happy Reading!

Expand full comment
Jul 11, 2023Liked by Compounding Quality

How do we invest in companies that are not US based: like Kelly Patners etc

Expand full comment

Many international companies list their stock with OTC Markets. Kelly Partners Group Holdings, for example, has the ticker KPGHF.

Expand full comment

By the way, OTC Markets (OTCM) is one of our favorite quality compounders with a five year average ROIC of 58.2%.

https://specialsituationinvesting.substack.com/p/otc-markets-group-b1f#details

Expand full comment
author

I would assume that you can buy non US companies via certain brokers.

But I am not an expert in US brokers. I'll look into this over the next few weeks.

Expand full comment
Jul 12, 2023Liked by Compounding Quality

Interactive Brokers is likely the top choice for US investors to access foreign exchanges with competitive commission/fees. #2 IMO is Fidelity primarily because their $0 commission trades extend to US OTC, where many foreign companies trade though sometimes very thinly or no volume at all.

Expand full comment
author

I already heard a lot of positive things about Interactive Brokers too. It's probably the most preferred choice.

Expand full comment