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 detailing how capital was allocated for Berkshire Hathaway from 1964 to 1969 (from the book Capital Allocation by Jacob McDonough). […]
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This record bull market ushered in an unprecedented period of growth for many businesses. Ultra-low interest rates have given way to the “growth at all cost” mentality. But the tides are changing; the market is turning and interest rates are rising. Given this, it’s the perfect time to discuss the […]
I know what you’re thinking. “Not another clickbait-titled Berkshire Hathaway post“. I promise there are some practical tips and tactics for business owners, allocators, and operators in this post, so bear with me! Here’s how you can turn your small business into a mini Berkshire Hathaway. Berkshire Hathaway Background Berkshire […]
I’m excited to announce the launch of Atlasview Equity, my new investment firm. I wanted to take some time to discuss how it came about, what the strategy is and what the future holds. Let’s dive in. Background Although I’m sharing that Atlasview Equity is a “new firm“, the reality […]
Understanding the capex requirements of a business is essential to investors since it helps to determine whether an asset offers an attractive rate of return. Capex is commonly misunderstood when it comes to software businesses, so I’ve decided to break it down and also share what I look for when […]
It’s that time of year again when I update my reading list and reflect on the best books I read in the past year. I read a lot of great books in 2021, making it hard to narrow it down to just 3. By sharing what I enjoyed most about […]
A few years ago I read Ed Thorp’s book and became fascinated with card counting in blackjack. Unfortunately, I was 20 years too late, as I quickly learned most casinos have protocols in place to stop “advantage players”. But the experience taught me some interesting lessons, one in particular, regarding […]
It might seem unusual for me to write about a stock that recently hit an all-time high. But despite the meteoric rise in stock price, Mainstreet Equity still flies under the radar and I feel it needs a bit more spotlight. Here’s why I believe Mainstreet Equity is an underrated […]
I don’t like discussing macroeconomics, but it seems like we can’t escape the topic of inflation these days. I think it’s safe to say that all investors right now, no matter the asset class or strategy, are concerned about inflation and what it might do to their portfolios. In this […]
There is a wide range of metrics, formulas, and calculations that can be used to measure the quality of a software or SaaS business. While many of these metrics are important overall, I believe that the most important metric is net dollar retention. Let’s take a look at why net […]
A little over a year ago (16 months to be precise), I published a blog post titled “Opportunities in Canadian REITs“, where I discussed a special situation investment opportunity. The volatility of publicly-traded REITs at the time (early COVID with no vaccination in sight) created the perfect opportunity for those […]
Around the world, governments have printed record amounts of money in the past months as a response to the global COVID-19 crisis. As a result, the macroeconomic issue that stands out the most in every investor’s mind: inflation. There are many ways to hedge against inflation; the most common one […]
When making investment decisions, it’s common to not rely on raw accounting or GAAP numbers alone. After all, net income is closer to an opinion than a fact. Reported accounting profits are adjusted by massive publicly traded companies, all the way down to small owner-managed businesses. Adjusted EBITDA is a […]
The velocity of money in investing is a concept that focuses on the return of capital instead of the return on capital. It’s a way to achieve “infinite ROI” on your investments. I wanted to share this concept with my readers and provide some examples to help illustrate it. So […]
Many entrepreneurs overlook the importance of capital allocation despite how critical it is. Capital allocation is the process of allocating financial resources to different areas of a business to maximize returns. Entrepreneurs who understand how to strategically allocate capital are able to effectively operate a business, optimize its intrinsic value, […]
There are many investing strategies when it comes to investing in publicly traded companies. It can feel overwhelming, especially if you’re a busy entrepreneur like myself who dabbles in stock market investing on the side. Full-time stock portfolio managers have time to work closely with analysts and debate implications of […]
I’ve been a math junkie for as long as I remember. I really enjoy discovering interesting math problems and paradoxes that defy intuitive logic. One of my favourites is the Monty Hall Problem. A probability puzzle named after Monty Hall, a game show host from the 60’s show called Let’s […]
Do you often get the urge to make decisions based on FOMO? The past year certainly hasn’t been an easy one for people that suffer from FOMO. With markets being as volatile as they are, entrepreneurs and investors across all asset classes want to avoid missing out on the next […]
I took some time to update my reading list which gave me an opportunity to reflect on all the books that I read in 2020. I read a lot of great books in the past year, but 3 really stood out. Narrowing it down to just 3 wasn’t easy, but […]
Many entrepreneurs know that running a business is like riding a constant roller – there are many ups, downs, twists, and turns. My eCommerce business is no different. But something unbelievable happened last year that, to this day, still has me in awe. In this post, I’m going to share […]