Jay Vasantharajah

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Before we jump into this week’s issue, check out Atlasview Equity’s latest post on The Lindy Effect. We discuss longevity driving resilience and why we optimize for businesses […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. As year-end approaches, I do what any sane person does – review my stock portfolio performance. As I look at my portfolio and watchlist, I seem to […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this excerpt from a study conducted in 2019 which examined 11m business tax returns: The last sentence is particularly intriguing: A typical firm owned by […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this chart which shows the UFC’s uses of capital from 2005 to 2016 (note the $1.239bn in total shareholder distributions): The Fertitta brothers acquired […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Before we jump into today’s gem, be sure to check out the latest issue of Atlasview Insights, Moats: Prioritizing Defensibility in Investments. Our company newsletter is our outlet […]

Today’s issue is dedicated to Charlie Munger, who unfortunately passed away this week at the age of 99. Munger was a huge inspiration and role model for investors and entrepreneurs all over the world, including yours truly. He stayed intellectually sharp right to the very end. Munger produced a lifetime […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this video on Nortel, the infamous Canadian telecom business that was once the largest company in Canada. It’s a long video, but well worth […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Before we jump into today’s issue, make sure you’re subscribed to my company’s newsletter, Atlasview Insights. We use this newsletter to share our strategies, experiences, and learnings. For […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this 2002 interview excerpt where Scott McNealy (former CEO of Sun Microsystems) explains to shareholders the ridiculousness of a 10x revenue multiple: This is […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this excerpt where Jeff Bezos explains his method of predicting the future: This is a great example of Charlie Munger’s “Invert, always invert“. I’m […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is Google’s P&L from the first few years of its operations: Google is a once-in-a-generation company. It’s pretty fascinating to really take in its financials […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. I recently read the book Daring To Succeed, which is the story of Couche Tard and its founder Alain Bouchard. I am willing to bet that not many […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this 2017 article called Turning Over The Most Rocks – a short piece on discovering new investment opportunities which includes this quote: The person that turns […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this video explainer of Dollar General’s business model (click below to play). The video is worth the full 20-minute watch. It’s a truly mind-blowing […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this chart depicting Autozone’s epic share buyback as well as some discussion around management returning capital back to shareholders. Autozone has reduced its shares […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is a flow chart that depicts the general framework that John Malone used in building TCI. The framework outlines how Malone borrowed an obscene amount […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is a chart that depicts which elements drive investment returns over a single quarter to 10+ years. And some commentary around an underrated aspect of […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is an excerpt from a lecture Warren Buffett gave in 1991 where he describes 2 business models, one strong and one weak. The strong one […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this podcast episode featuring Seth Klarman called Timeless Value Investing. Considering I’m a connoisseur of all things timeless and all things value investing, this podcast […]

NOTE: this was a past issue of my weekly newsletter, Timeless Gems. Join my free mailing list so you don’t miss out on future issues. Today’s gem is this chart which shows the 10 largest companies in 1989, and 8 of them being Japanese. I always think about this chart as a […]