Jiddu Krishnamurti, talking about the secret of his serenity: “I don’t mind what happens.” (Works for investing, too...) h/t Oliver Burkeman

Top 10 insurance brokers by revenue - first time I've seen a private company cracking into the top 5:

German edition of 100 Baggers!

"$10,000 invested in O’Reilly Automotive’s 1993 IPO would today be worth $4.25 million. In other words, over the last ~30 years, O’Reilly has been a more than 400-bagger for investors." 🗞️ O'Reilly Automotive: The 100-Bagger Blueprint finchat.beehiiv.com/p/oreilly-auto…

It was fun to flip through these tables - for example take a look at "Highest Annualized Returns" for stocks with over 20 years of data: Source: papers.ssrn.com/sol3/papers.cf…

Deadly drawdowns - lots to learn from these. by CMac investmenttalk.co/p/pandemic-dar…

Sygnity's return since Topicus ($TOI.V) announced it completed the purchase of 72.68% of the company for $44,161,254 on May 16, 2022: +515%. (About a +123% CAGR!)

On 100 baggers: "You’re just trying to find the great compounders and let all the other noise filter itself out. You try to find 10 or 12 of these businesses; I’m not sure you’ll find 10 or 12 in a career. So you have 10 or 12, what you hope will be compounders in the portfolio.

Nice collection of quotes on Brown & Brown's $BRO winning corporate culture. by MastersInvest.com mastersinvest.com/newblog/2024/1…

Good write-up by Seeking Winners on $CMG.TO