Say No To Trading
Public Markets Investor, Opportunistic Buying & Cost-Basis Management
Pool Corporation is a durable compounder because it sells recurring access to an installed base of millions of pools that must be maintained for decades. Once a homeowner spends six figures on a pool, chemicals, pumps, filters and heaters become near-mandatory buys, and few pools ever disappear, so the base keeps growing. Inflation lifts replacement prices without more units. Even 5% annual growth takes revenue from about $5.3 billion to $8.6 billion in a decade, and buybacks could double EPS. … Show more
Nvidia, McDonald's, American Express, AutoZone, Pool Corp, Nu Holdings, Domino's Pizza and Salesforce stand out as quality companies trading under 20x forward earnings. x.com x.com x.com x.com x.com x.com x.com x.comÂ
Pool Corporation depends on replacement demand for an expensive discretionary purchase in a high-rate environment, so it is one to avoid. Oracle is the better buy, with a secular-tailwind business growing 100% and a great software business attached for 13.5 times 2028. x.comÂ
SoFi's CEO keeps buying shares, and insiders buy for only one reason. x.comÂ