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Ep 353. Revisiting Geoff’s Singular Diligence Writeups

Focused Compounding

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How Much Has the Stock Been Compounding Over Time?

The stock has been compounding over time. And probably about 15 % a year if you look at like, earnings per share growth and per share um growth in a book value,. If we go like, far enough back, cause they bought back their stock and everything, so it's not far from about 15%. Bcause like, sort of the return on their portfolio is about 15 %. O soto, cheaper. So the stock looks more sive. You know, the stock price, obviously, it's been hat eight years. Not quite, but it's basely eight years. They're pretty close to that, about 15 % combined annual growth rate.

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