Durable Insights

A Capital Market's Perspective on Valuations

Time value of money, investing at its core, valuing bonds, and valuing equities

Sep 24, 2022 •

Navigating the 2022 Bear Market

High-level look at the bear market, changes over the year and last few months, and suggestions on how to proceed

Jul 16, 2022 •

On Diversification and Concentration

Risk and volatility, diversification, concentration, target holdings in a portfolio, and sample portfolios from select investment managers

Mar 26, 2022 •

AI/ML Business Model Dynamics

Artificial intelligence, machine learning, deep learning; basics, fundamentals, dynamic; CrowdStrike

Feb 12, 2022 •

The Nomad Investment Partnership, Nick Sleep and Qais Zakaria

Insights on discipline, long term thinking, patience, behavioral finance, investment mistakes, permanent holdings, growth and value, scale economies…

Jan 29, 2022 •

The Payment Network Landscape

Visa, Mastercard, and PayPal; buy now, pay later, crypto and defi, pricing power, moats, tailwinds

Dec 18, 2021 •

The Greatest Investors of All Time

Top track records & strategies, performance versus the S&P 500, other notable investors

Nov 6, 2021 •

Fundamentals: Revenue and Sales

Accounting, Revenue Recognition, Sales Terminology, and Okta Case Study

Sep 11, 2021 •

Emerging and Established Compounders

Details and examples including Upstart, Cloudflare, Visa, and Alphabet

Aug 28, 2021 •

Types of Economic Moats

Low/No Moat, Legacy Moat, Reinvestment Moat, Capital-Light Compounder

Aug 14, 2021 •

Distribution of Returns in the Market

Insights from a comprehensive study on over 8,000 stocks across a 23 year period.

May 29, 2021 •

Intrinsic and Relative Valuation Methods

Discounted cash flows, discount rates, sensitivity analysis; multiples, reversion to the mean, and comps

Apr 17, 2021 •

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