Offshore
Photo
Stock Analysis Compilation
Appleseed on Cameco Corporation $CCJ US
Thesis: Cameco Corporation is a leading uranium supplier with strong reserves, and Sprott Physical Uranium Trust provides direct exposure to uranium price changes without equity risk.
(Extract from their Q4 letter) https://t.co/jW5WBWGayN
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Appleseed on Cameco Corporation $CCJ US
Thesis: Cameco Corporation is a leading uranium supplier with strong reserves, and Sprott Physical Uranium Trust provides direct exposure to uranium price changes without equity risk.
(Extract from their Q4 letter) https://t.co/jW5WBWGayN
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Offshore
Photo
Finding Compounders
A must read
An Honest Reflection after Two years since the Funds Inception
From Peninsula Capital https://t.co/9q4f1AcNdb
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A must read
An Honest Reflection after Two years since the Funds Inception
From Peninsula Capital https://t.co/9q4f1AcNdb
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Offshore
Video
Startup Archive
Instacart founder Apoorva Mehta on doing things that don’t scale
“Y Combinator encourages startups to do things that don’t scale. I find that this is one of the biggest competitive advantages that a startup has over a larger company… The idea is that once your product has demand, you can figure out how to scale your product.”
Apoorva explains how in the early days of Instacart customers could place orders even if there weren’t shoppers online to fulfill those orders.
“Of course, this meant that I would drop everything I was doing and fulfill the order myself.”
They also ran into the issue that Trader Joe’s didn’t have an API or website with catalog of the items in the store. So the team literally went to their local Trader Joe’s, bought one of every single item, took it back to their office, photographed every single item, and manually entered it in the Instacart catalog.
“Using the same unscalable techniques, we added Whole Foods, Costco and many other stores, and we realized we had the best product in the market.”
Having the best product on the market allowed Instacart to quickly expand to 10 cities and maintain 10% week over week growth for 20 weeks. This traction would allow Instacart to raise more money, hire more people, and then make everything scalable.
Video source: @ycombinator (2014)
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Instacart founder Apoorva Mehta on doing things that don’t scale
“Y Combinator encourages startups to do things that don’t scale. I find that this is one of the biggest competitive advantages that a startup has over a larger company… The idea is that once your product has demand, you can figure out how to scale your product.”
Apoorva explains how in the early days of Instacart customers could place orders even if there weren’t shoppers online to fulfill those orders.
“Of course, this meant that I would drop everything I was doing and fulfill the order myself.”
They also ran into the issue that Trader Joe’s didn’t have an API or website with catalog of the items in the store. So the team literally went to their local Trader Joe’s, bought one of every single item, took it back to their office, photographed every single item, and manually entered it in the Instacart catalog.
“Using the same unscalable techniques, we added Whole Foods, Costco and many other stores, and we realized we had the best product in the market.”
Having the best product on the market allowed Instacart to quickly expand to 10 cities and maintain 10% week over week growth for 20 weeks. This traction would allow Instacart to raise more money, hire more people, and then make everything scalable.
Video source: @ycombinator (2014)
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Offshore
Photo
Stock Analysis Compilation
Baron Focused Growth Fund on IDEXX Laboratories, Inc. $IDXX US
Thesis: IDEXX Laboratories, Inc. is expected to achieve accelerated growth and strong financial performance due to the pandemic-driven increase in pet ownership, improved foot traffic, and its significant pricing power.
(Extract from their Q4 letter)
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Baron Focused Growth Fund on IDEXX Laboratories, Inc. $IDXX US
Thesis: IDEXX Laboratories, Inc. is expected to achieve accelerated growth and strong financial performance due to the pandemic-driven increase in pet ownership, improved foot traffic, and its significant pricing power.
(Extract from their Q4 letter)
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Offshore
Photo
Finding Compounders
Chuck Akre’s Value Investor Insight Article: Return on Investment https://t.co/GLu8jxbD59
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Chuck Akre’s Value Investor Insight Article: Return on Investment https://t.co/GLu8jxbD59
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Offshore
Photo
Finding Compounders
Ted Weschler’s statement on his IRA. Ted grew his IRA, which he converted to a Roth IRA in 2012, from $70 000 to $264.4 million
“The investing success of this account has been a function of careful stock selection, exceptional luck and a multi decade time period” https://t.co/PVHghRkL7A
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Ted Weschler’s statement on his IRA. Ted grew his IRA, which he converted to a Roth IRA in 2012, from $70 000 to $264.4 million
“The investing success of this account has been a function of careful stock selection, exceptional luck and a multi decade time period” https://t.co/PVHghRkL7A
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Offshore
Photo
Stock Analysis Compilation
Baron Health Care Fund on Insmed Incorporated $INSM US
Thesis: Insmed Incorporated is expected to generate over $8 billion in peak sales from its lead drugs, including Brensocatib, which shows promise for treating non-cystic fibrosis bronchiectasis.
(Extract from their Q4 letter)
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Baron Health Care Fund on Insmed Incorporated $INSM US
Thesis: Insmed Incorporated is expected to generate over $8 billion in peak sales from its lead drugs, including Brensocatib, which shows promise for treating non-cystic fibrosis bronchiectasis.
(Extract from their Q4 letter)
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