The DIY Business With 21% Returns

Nearly every American lives within a short drive of this capital efficient retailer… a household name that sells around 40,000 items… has been crushing the competition for decades… and continues to dominate amateur and professional markets alike.

A Champion Company That Plays to Win

Now that we’ve freed up capital ahead of the financial panic, we can build a shopping list of the world’s best businesses. In this issue, we’ll unpack one of the greatest endorsement deals of all time – and show how it transformed one company from a struggling industry laggard into a classic “forever stock.”

A Letter to My Son

In September, Porter’s oldest son, Traveler, turned 16. Porter gifted him $17,000 (the maximum amount allowable before taxes)… and then wrote him a heartfelt letter distilling a quarter-century of financial wisdom into just a few pages, to advise him on what to do with the money.