Nu versus Capitec
Exceeding customers expectations This started as an overview of Nu Holdings, an emerging quality company currently operating in South America. Whilst doing the analysis, it became clear that the ...
Letter to Partners – October 2024
Dear Valued ClientsI am proud to announce Celestial is partnering with IBEX Capital and we launched the IBEX Celestial Investment partnership or Celestial for short, effective 1 October 2024.Grant Oos ...
The Soul of a Business
Warren Buffett once wrote that "the key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any ...
Kinsale Capital Group – Unique Focus, Outstanding Execution
Kinsale Capital Group, Inc. (KNSL) is a specialty insurance company, focused exclusively on the excess and surplus (E&S) insurance lines in the United States.The company was founded in 2009 and li ...
Dino Polska – Compounder of note
Our featured, quality company is Dino Polska SA, a Polish grocery retailer, founded in 1999 and started to expand exponentially from 2010. The company has a unique business model providing opportuniti ...
Novo Nordisk – Insulin for more than 100 years
It is estimated by the WHO that approximately 1 in 10 people worldwide suffer from some form of diabetes and 1 in 8 can be classified as obese. It is estimated that by 2045, 1 in 8 people will suffer ...
Investing in Uncertain Markets
Quality Companies, at reasonable prices, is a sound cornerstone for every portfolio.The US stock markets is at historic highs, with the S&P 500 hitting all-time highs in April 2024 with 23% of sto ...
Broad vs Narrow Market Exposure
Investors in equities have numerous options to invest. The increasing popularity of exchange traded funds (ETF’s) have segmented market exposure into two main categories, wide market exposure through ...
Capital Allocation – the true measure of management
Capital allocation is the most important job of management. A company that is using its capital efficiently will generate growing free cash flow and higher returns for investors in the future. This wi ...
