3-Bullet Sunday (Sources of Enduring Business Success, How People Think, & Valuation)
Dear Compounders,
Hope you enjoy this week’s issue of the 3-Bullet Sunday!
I. Sources of Enduring Business Success
John Huber of Saber Capital wrote a great piece on competitive advantages.
Instead of trying to figure out what a company’s next quarter would look like, he focused on the factors that would contribute to a company’s ultimate potential.
» Click here to read: Sources of Enduring Business Success
II. How People Think
Yet another excellent piece by Morgan Housel.
Even though technology and circumstances chance, there are many human behaviors that are universal across generations and geographies.
In this article, Morgan describes 17 of the most common and influential aspects of how people think
» Click here to read: How People Think
III. How to Value a Company?
This is a question I receive extremely often.
Lucky for you… I have written two articles on it!
These two articles are amongst my most viewed work:
1.Figuring out a Company’s Intrinsic Value with PE Ratio
In this article, I go through how you can quickly form a rough idea of a company’s valuation with the PE Ratio.
In this article, I discuss the key essence from Valuation (7th edition) by McKinsey.
A FREE valuation spreadsheet is included in this article.
Till next week!
Cheers.
Thomas Chua