New Purchase to the Quality Growth Portfolio 👜

<5 min read 🧠

Fantastic Company at a fair price

I’m adding to an existing position this week. The company has fallen to what I deem an attractive price due to short-term headwinds. I love this business, its brands, and the management. I also like the industry as it will continue to grow steadily in the next 5-10 years. The business has a wide moat and is considered very hard to compete with. The company has fantastic fundamentals, high margins, return on capital, and growth levels. Additionally, the company is founder-led. The company has crushed the S&P500 over the last 10 years with a compounded annual growth rate of 22%:

“Winners tend to keep winning”