1min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP549: 2 High-Quality Compounders

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Copart: A Global Leader in the Online Auction Space

Copart started back in 1982 with a single salvage yard and it's grown to become a global leader in the online auction space for vehicles. The company IPO'd back in 1994 and it's been a really strong performer as the stock has risen from a split adjusted price of 30 cents in 1994 to $77 today. On their side, they also offer a number of different services including salvage estimation, end-of-life vehicle processing, vehicle inspections, dealer services,.

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