Focused Compounding cover image

EP 318. Hunting for 10-Baggers: 9-Point Investing Checklist

Focused Compounding

00:00

Is It Above Average Industry to Be in Long Term?

Price, take capital. Intensity of industry is probably the biggest factor. Biggest warning: You you want to be very cautious about highly cyclical industries that have to have very high net tangible assets versus profits they could generate from that. There's not a lot of good to great businesses. And some of the ones that might have gone from good, uh, to great then would have problems after that and whatever.

Play episode from 22:15
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app