I’m sure you’ve heard of Berkshire Hathaway Inc (BRK). BRK operates insurance companies to generate capital known as “float”. BRK then invests them into businesses. Subsidiaries are businesses that BRK owns
Recently, I read and studied the latest investment letter of Fundsmith for 2024. Honestly, I wasn’t looking into investing in Fundsmith or any other unit trusts as I enjoy sizing up
Today, KCLau.com has 2 online courses on Growth Investing: Growth Vault and Value Masters. I create Growth Vault with KC Lau while Value Masters is created by KC Lau and Peter
I first learnt of Automatic Data Processing Inc (ADP) from my studies of FundSmith, a UK-based fund managed by Terry Smith a.k.a England’s Warren Buffett. From it, I’ve discovered ADP
Let’s say we have 2 stocks: A Inc and B Inc. Both companies possess great business models and are financially solid. In the past 12 months, they each generated $100 million
Chipotle Mexican Grill (CMG) owns and operates a network of CMG restaurants that offer burritos, burrito bowls, quesadillas, tacos, and salads. Presently, CMG is listed in the United States and
Darden Restaurants Inc (Darden) owns and operates branded restaurants in the US. As I write, Darden has a market capitalisation of US$ 17.4 billion. If this is to be converted
This should be read after consuming Part 1. If you had, welcome back. This is part 2 of a deep study of 2023 SAI letter which writes about 6 factors that
Caution! This is a technical piece. Please read it slowly. Recently, I was introduced to the client letters of Semper Augustus by KC Lau. In brief, Semper Augustus Investments Group LLC