capital efficiency

A global version of Berkshire Hathaway, this Japanese firm doesn’t merely own a collection of great businesses, it controls entire industries, but never directly.

Despite years of steady growth, investors have abandoned the stock featured this month because they believe the business is fading – it is being viewed almost like an Old Economy company, even though it is actually a technological pioneer. This company is poised to flip the narrative, sending the stock higher as investors realize it is an AI winner.

Some rare companies are so dominant in the marketplace that their brands actually become the business. The company featured this month is so dominant in its field that it should have been included in the “Legal Monopolies” portfolio category, but that legality is being called into question by the U.S. federal government.

What you are looking for in smart, conservative investing is the very small number of businesses that will compound your wealth over a very long period of time, at market-beating rates. How many stocks can do this? Porter provides answers.

To maximize your future returns, it’s important that you buy great businesses when you can acquire them for substantially less than their intrinsic value. Here’s a real, current example of a great business trading at a truly attractive price.