Compounders Podcast Hunting for Supernatural Compounders with Andrew Hollingworth of HollAnd Advisors
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Sep 9, 2025 Andrew Hollingworth, Portfolio Manager at HollAnd Advisors, shares insights from his unique investment philosophy. He advocates investing in owner-managed businesses and defines 'supernatural compounders' that yield exceptional long-term returns. Discussing his contrarian view on Biglari Holdings, he highlights how sentiment mispricings can lead to opportunities. Andrew emphasizes the importance of scale and sustainable advantages, revealing how he navigates market downturns and positions his portfolio for maximum growth alongside his clients.
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Buy Great Companies Priced Like Bad Ones
- Buy great companies when the market prices them like bad companies to capture long-term compounding.
- The edge comes from owning proven owner-managed businesses at mispriced moments of sentiment or cycle dislocation.
Back Founder-Operators With Skin In The Game
- Prefer founder/operator CEOs who still materially own equity and drive strategy.
- Look for managers with a proven track record and a credible path for future performance.
Find Moats Outside The Obvious Sectors
- Seek businesses exhibiting one or more sustainable moats such as network effects, brand, process power, or scale economies.
- Mispricing often appears when powerful models exist in sectors the market underappreciates.
