The many drivers for sustained long-term growth in Digital Payments.
✅A shift away from cash
✅Growth of e-commerce
✅Usage by small and midsize businesses (SMBs)
✅Under-penetration in international markets
✅Government support
Clear illustrations, explanations of the typical (US) transaction and the parties involved.
2. Five Factors Driving Digital Payments Growth ⬇️
Happy to share that Intuitive Surgical $ISRG finally became a 5⃣0⃣ bagger for me as of today (first tranche bought at the depths of GFC in March'09). The next two tranches from Nov'10 and May'14 also did their thing being 10+ baggers.
After $LULU did it's 100 bagger for me back in 2021 this is the next one to hit 50+ milestone.
Peter Lynch was right. Regular folks can achieve (but can't plan) for these, with some common sense investing + lot of patience when thesis is on track + even bigger amounts of luck.
@DavidGFool I gotta thank whoever was writing the free articles about $ISRG back during GFC on @themotleyfool 👏, as I would not have known about the company so early otherwise.
Small adds to existing pos
$META (Social is done)
$NOW (Who needs IT monitoring anyway?)
$ALGN (Everyone from now one will have perfectly aligned teeth)
$SQ (hey guys, focus plz, actually)
$MDB (Recession will kill need for DBs).
Kidding aside, the next few qtrs are highly uncertain from a lot of aspects, but not all Cos are the same when it comes to credit dependence for capital stack/customer demand...
..cyclicality and severity of business impact during an actual recession, runway for core growth post any recession, ability to use this period to acquire smaller competitors etc.