Kevin, this is how you actually do research: less guru-speak, more granular data. Bravo.
Two things jumped out at me:
1 - The FCF yield dominance confirms what we old wolves have known since before Buffett grew the gut. You buy free cash flow rather than dreams.
2 - The finding that capital allocation and financial health were insignificant in the multibagger model? Counterintuitive. But maybe not! When you're small, cheap, and profitable, the runway does the heavy lifting.
Thank you! I'm going to reach out to the researcher because I have a lot of questions. And the one you mentioned is one of them. In addition, earnings growth is not a significant factor. That's weird.
Great article. Happy I subscribed to you instead of some rather mainstream people that kind of rehash eachothers ideas. Looking forward to the next articles.
Kevin, this is how you actually do research: less guru-speak, more granular data. Bravo.
Two things jumped out at me:
1 - The FCF yield dominance confirms what we old wolves have known since before Buffett grew the gut. You buy free cash flow rather than dreams.
2 - The finding that capital allocation and financial health were insignificant in the multibagger model? Counterintuitive. But maybe not! When you're small, cheap, and profitable, the runway does the heavy lifting.
Thank you! I'm going to reach out to the researcher because I have a lot of questions. And the one you mentioned is one of them. In addition, earnings growth is not a significant factor. That's weird.
Appreciate the article. Good stuff
I appreciate your comment 😉
Great article. Happy I subscribed to you instead of some rather mainstream people that kind of rehash eachothers ideas. Looking forward to the next articles.
Thanks for the kind comment!