If you're looking to grow as an investor, then I have written a book and have created a spreadsheet of quality growth companies that features quality, linearity and valuation metrics.

My longest held position, Cadence $CDNS, keeps on growing.

Jack Henry $JKHY to collaborate with Google Cloud $GOOG to deliver tokenised deposits for banks.

Here's a compounder that I never hear anyone discuss.

Impressive earnings reported from Comfort Systems USA $FIX last night. Revenue up 54% and EPS up 69%. Next on the list for the Long Equity portfolio is Cadence Design Systems $CDNS next week.

Earnings season for the Long Equity portfolio is now in full swing. I'll be tracking results here.

There are three great opportunities in quality growth investing. 1. Low revenue growth companies with the potential for high FCF growth through significant margin expansion. E.g. $ICE $BR 2. High return on capital companies with the potential for high FCF growth through buybacks. $MSCI $FTNT $KLAC $LRCX 3. High FCF growth companies with the potential for a significant contraction in FCF yield (in other words, a re-rating). $MSCI $BR I aim to have a portfolio where all three are in play.

I was recently asked why most of my portfolio is in larger companies. Here was my response. I'm interested to hear other views on this. Let me know what you think.

It’s interesting to see the suite of apps built by Artcraft. Mostly clones of Microsoft and Adobe apps. It definitely makes you wonder what’s the future of software, if everything has been made open source by AI.

🏰 Monopolies (near 100% control of a critical bottleneck) • ASML - EUV lithography (100%) • Verisign - .com domain registries • CoStar Group - US commercial real estate data • Illumina - high-throughput DNA sequencing ⚔️ Duopolies (two giants, one market) • Visa / Mastercard - card payment rails • Airbus / Boeing - commercial jet airframes • Nvidia / AMD - discrete GPUs • Novo Nordisk / Eli Lilly - GLP-1 weight-loss drugs • Apple / Google - mobile operating systems (iOS / Android) • ICE / Nasdaq - US stock exchanges • TransDigm / HEICO - proprietary aerospace aftermarket • Cadence / Synopsys - core chip design software (EDA) • Fair Isaac (FICO) / VantageScore - US credit scoring model 🧱 Oligopolies (a tight cartel) • Cloud (Hyperscalers): AWS / Azure / Google Cloud • Advanced Foundries: TSMC / Samsung / Intel • Credit Ratings: S&P / Moody’s / Fitch • Consumer Credit Bureaus: Experian / Equifax / TransUnion • Industrial Gases: Linde / Air Liquide / Air Products • US Telecom: AT&T / Verizon / T-Mobile • Global OTA Travel: Booking / Expedia / Airbnb What would you add?

Here's a list of companies with strong financials, sorted by their average cash return on capital. From this list, I own Mastercard and Fortinet, and follow Wise, ATOSS, FICO and Qualys. Which do you own?

If you pick stocks, why don’t you just use index funds?