Jeremy Kokemor: Ferguson PLC $FERG Deep Dive

Today’s episode we had a conversation with Jeremy Kokemar, Founder of Right Tail Capital. We covered everything that an investor needs to know about Ferguson ($FERG), whether it is Ferguson’s history, what is their business, Ferguson’s Competitive advantages, its unit economic, value chain and why they still have future margin expansion and revenue growth. Plus, Jeremy shares his investment journey and what could possible go wrong with his Ferguson Investment.

• [0:00] Who is Jeremy Kokemar and what is Right Tail Capital?
• [8:30] Buying an Asset at any Price.
• [14:50] Finding Ferguson ($FERG)
• [17:40] Procuring a Watchlist
• [20:00] Ferguson’s ($FERG) History
• [21:00] Value Chain
• [24:30] Unit Economics
• [28:00] Ferguson’s Customers
• [31:30] Ferguson’s Competitors
• [35:00] Ferguson’s Profitability and Revenue Growth?
• [41:00] What happens to Ferguson in a Housing Recession?
• [48:00] $FERG added to the S&P 500?
• [51:00] More from Jeremy and Closing Questions

If you like what you heard, make sure to follow Jeremy on Twitter here. 

Finally, a big thanks to the following sponsors for making the podcast a reality.

Mitimco

This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers.

For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more!

Tegus

Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best.

I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself.

TIKR

TIKR is THE BEST resource for all stock market data, I use TIKR every day in my process, and I know you will too. Make sure to check them out at TIKR.com/hive.