I've enjoyed recently researching Waste Connections ($WCN) - who would have thought that garbage collection and disposal could be that rewarding😂.
Full article available on link in my bio, summary of my findings below👇 1/8 WCN operates in a highly attractive industry characterized by (a) high regulatory barriers (via permits, regulation) and (b) high capital intensity (landfills require hefty upfront capital investments).

Following up from yesterday’s thread looking at management teams’ remuneration criteria, several ppl on #fintwit asked me to provide an example of a good executive compensation structure (@InvestInAssets). A company that came to mind is Sherwin William’s – a business I am invested in and have researched recently – a thread👇:

Analysing management team’s remuneration is of utmost importance for long-term investors. Surprisingly, not many spend time going through companies' proxy statements (for US corporates) and annual reports (ex-US companies) to figure out how executives get paid. A thread👇 1/17 “Show me the incentive, and I will show you the outcome.” Famously said Charlie Munger. That is why I always check in the companies I invest how managers are incentivized.