3-Bullet Sunday (Bill Ackman, Zuckerberg with Tim Ferriss, Fundsmith's ASM)

Greeting compounders!

This week I had great fun teaching students from all around the world about investing.

Frankly, I was quite moved when students from Australia stayed past 2 am and students from the West Coast of America woke up at 6 am to listen to my co-instructor Max and I talk about investing for 2 hours over 3 sessions.

Looking forward to wrapping up the next three sessions on valuing companies, both profitable and unprofitable.

Alright, let’s move on to three interesting bullets for today!

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I. Bill Ackman’s Thesis on Wendy’s and Mcdonald’s

Click on the tweet to read more!

Thomas Chua @SteadyCompound

Bill Ackman has a great track record of investing in restaurant businesses. Many know his successful investments in Chipotle and Starbucks. But, FEW know about his early success with Wendy's and McDonald's. A breakdown of @BillAckman thesis on $WEN and $MCD:

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II. Annual Shareholders' Meeting March 2022 (1.5 hours)

If you don’t have time to watch the entire 1.5 hours video…

I have prepared my notes here for you » 16 Lessons from Fundsmith’s Annual Shareholder Meeting 2022

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II. Tim Ferriss interview with Mark Zuckerberg (1.5 hours)

Tim Ferriss is such a thoughtful interviewer. He was great at making Zuck let his guard down by opening with Zuck’s favorite sport—fencing. Before going on to discuss more sensitive topics such as his faith, routine and more.

I don’t have the notes for this unfortunately because I listened to it while working out, but nevertheless, I highly recommend it!

Till next week,

Thomas