@DennisHong17 grew his fund from $10M+ to $1.5B in about 6-years
He has some incredible returns. I just absorbed lessons about his philosophies.
Here are his 10 most important Investing principles that led to his success:
1/ Find High-Quality Companies w. Ecosystem control:
He focuses on businesses that control/dominate their ecosystem - Consumers, Producer/Suppliers, Employees, & Key partners revolve around the company.
All stakeholders love the company and hence it keeps competitors at bay.
1b/ Quality, Ecosystem control:
Together with the earlier point,
He measures high-quality companies as those businesses that are either asset-light (high margins ideally) or even asset heavy, but have good predictability of their future cash-flow and growth trajectory.
@AznWeng and myself collaborated to identify the Top 12 Non-financial metrics and datasets retail investors can use to gain an edge.
In this thread, we break it all down:
1/ Tracking Glassdoor Trends:
Glassdoor provides more key metrics beyond CEO & Mgmt numbers - you can track the overall positive or negative trends of an organization - QoQ. There are also insights around trends in job postings etc.
Generally, ask how is the data trending?
2/ App Download Trends:
Sensor Tower does a great job providing monthly data on key trends. Find info on the following:
+ Industry and Company Marketshare Trends
+ Consumer Ratings
+ # of Company Downloads
e.g. You could have observed Zoom's rise early in 2020 and many more!
UI Path: A company on a mission to fully automate the modern enterprise and take away your jobs.
This is a thread that breaks down everything about $PATH's business.
What truly makes them unique? - I'll cover both the Bull and Bear Case and everything you need to know here:
1/ Introduction - Problem:
In your workplace do you feel like you've got one or two mundane/repetitive tasks that bores you?
Despite digital Innovation, today’s enterprise is filled with many mundane tasks that saps productivity. Some big examples include Email, fillings etc.
2/ Welcome to RPA:
The problems highlighted above led to the rise of the RPA industry.
RPA is basically the automation layer that sits on top of other software products that allows companies or workers to automate repetitive tasks by replicating the steps a knowledge worker.