For the past 18 years, our team has been making the ~20-hour flight to Omaha Nebraska for the Berkshire Hathaway AGM. My colleague, Sam...

The Power of Network Effects and how they work This blog has been written based on the book “The Cold Start Problem” by Andrew Chen. It...

Good morning, In 2007, the consensus analyst forecast for Amazon's 2020 sales revenues ranged from $26 billion to $27 billion. In 2020,...

FOG … ‘Fact Obfuscating Generalisations’ … or as Ray Dalio (founder of Bridgewater – one of the world’s most successful hedge funds)...

“Pinch Pennies. Work Hard. Make Sacrifices. Reinvest in the business. And go for the long term” Cintas. What an incredible founder-led...

The insights from this blog have been drawn from the book Complexity by M. Mitchell Waldrop. This book outlines how a group of diverse...

A recent conversation with a former ASX director provided the inspiration for this blog post – after we were given a rare, front-row view...

An investment in Salesforce.com at the 2004 IPO would have yielded a ~100x return ($1.1B market cap in 2004 to $242B today), this sort of...

With Facebook crossing $1 Trillion in market value this week, we thought it would be worth highlighting the striking difference in...

Kobrick has some interesting history at State street research capital fund generating great performance, however, most importantly he...

One of the most respected investors of all time is Fidelity’s, Peter Lynch. Lynch earned his reputation as one of the world’s best money...

The insights of this blog are drawn from: The collective writings of Jeff Bezos – invent and wander. Reading all of Jeff Bezos’...

The 2021 Berkshire AGM was again streamed live via Yahoo Finance, it was the second year in a row we were unable to attend in person. As...

I recently read the Hamilton Hemler’s ‘7 Powers’ it is a book that has been recommended to me by a number of investors and rightfully so!...

The insights from this blog have been drawn from the Book The Innovation Stack by Jim McKelvey Co-Founder of Square. Recently we read...

The attached AFR article below is an example of the culture behind a quality compounder. Netwealth is 50%+ owned by the family that...

The origins of today’s most well-known pharmaceutical companies such as Roche, Novartis, Merck, Pfizer, Eli Lilly, Bristol Myers Squibb...

At Churchills Bar in San Francisco in 1975 Robert ‘Bob’ Swanson and Herbert ‘Herb’ Boyer both agreed terms on a coaster after several...

Henri Termeer was the founding president of Genzyme, the biotech pioneer which commercialised one of the first orphan drugs and was built...

This book has been an exceptional case study and exploration of the competitive advantage of fast fashion - on the surface it seems easy...