Andrew Brown @abrowninvesting Twitter profile

Pinned Tweet

Andrew Brown

11 months

After reading 1000's of tweets and youtube comments, Here are my 10 Serial Acquirer Stocks Flying Under The Radar. Let's find the experts in these ideas - share and retweet Here is the list 👇 1. $DGL DGL Group 🇦🇺

20

15

91

Last Seen Profiles

@faxherbert

@ActiveHimelda

@SeckSms37982

@schrittvoraus

@conni_sa

@ozC3x0ghrGlnARU

@daikon_345

@belfastboon

@Almdafr5551

@KMmzk678

@sportmatters88

@AAlaboosh

@FitzInfo

@KemalSa09226482

@bokeplokalmalam

@meezo34322

@SamieGame

@bokeplokalmalam

@akiba_plus

@shanimaya_maya

@CoachDuda

@archivejeongeun

@Majid91384679

@BobSpielbe

@KemalSa09226482

@crystaldawnauth

@MaddistonPSA

@RealBetisTurkey

@stwmaniax

@BinorRaja

@Updatekhloee

@LatroienneI

@BinorRaja

@Isaacwoliver

@kaleb_wilk77782

Andrew Brown

@abrowninvesting

11 months

Serial Acquirers that I like a lot... Kelly Parners $KPG Teqnion $TEQ Constelllation Software $CSU Topicus $TOI SDI Group $SDI.L Terravest $TVK.TO Lifco $LIFCO All around fair prices Does anyone know other serial acquirers (at this quality level) but single digit multiples?

38

21

150

Andrew Brown

@abrowninvesting

6 months

Putting myself out there with this idea. $BKHT Brockhaus Technologies 🇩🇪 Serial Acq - 7x EV/EBIT - Revenue⤴️30%+ and EPS faster - Buy Backs - Low debt - High insider ownership of 35% from Founder/CEO. - 20 yr track record in the private markets with 30%+ CAGR - Limited awareness

13

5

56

Andrew Brown

@abrowninvesting

1 year

Are value investors just too lazy to start their own businesses?

33

2

50

Andrew Brown

@abrowninvesting

7 months

More thoughts on Teqnion $TEQ. 1. Tough quarter for construction exposed subsidiaries. 2. Solid new acquisition. 3. Some confusion over Daniel and Johan selling/buying shares. (all explained, all good) 4. X can be full of short term noise. Happily sitting on hands

3

1

46

Andrew Brown

@abrowninvesting

11 months

Working on a list of Serial Acquirers that are - small cap - under the radar So none of my favorites, like $TEQ, $KPG, $JDG, $TVK, $SDI, $AEP.V. Let's get some new names unearthed⛏. Weird, obscure, niche etc. I'll start... $DGL (CEO interview on my YT )

DGL Group - Australian Acquirer w/ CEO Simon Henry

Yes Stocks, No Stocks FREE CLICK HERE - https://www.yesstocksnostocks.com/Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactiv...

www.youtube.com

12

4

46

Andrew Brown

@abrowninvesting

11 months

More on 10 "Under the Radar" Serial Acquirers on my YT $DGL DGL🇦🇺 $CGEO Georgia Capital🇬🇪 $BOREO Boreo🇫🇮 $HQI HireQuest🇺🇸 $SFT Software Circle🇬🇧 $MACF Macfarlane Group🇬🇧 $OMDA Omda🇳🇴 $3679 Zigexn🇯🇵 $MMGR Momentum Group🇸🇪 $BKHT Brockhaus Technologies🇩🇪

10 Serial Acquirers Flying Under The Radar

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

3

44

Andrew Brown

@abrowninvesting

8 months

I know I am rosy on Markel $MKL but with widely diversified operations across insurance, public equities and private businesses. And with Tom Gayner keeping everything stable. Markel is as rock solid as it gets. 🐌 Super unsexy

6

0

31

Andrew Brown

@abrowninvesting

10 months

The best coverage on $CSU, $TOI and the spin offs is CJ's twitter group @CJ0pp3l_Sub For Constellation Software🇨🇦investors and followers, this will save so much time and is enjoyable to keep updated.

2

1

29

Andrew Brown

@abrowninvesting

8 months

I always struggle to get my head around $CSU and $TOI valuations. I have them growing at 22%+ for a decade and high multiples... I still get this.

18

2

24

Andrew Brown

@abrowninvesting

10 months

$TVK Terravest🇨🇦- Price/FCFA2S/Growth 0.5x ✅Strong growth 20%+ ✅Long reinvestment runway ✅Proven record of reinvesting at high rates ✅High integrity management ✅Insiders aligned *tracking it weekly via email every Sun. It's free of course.

4

0

24

Andrew Brown

@abrowninvesting

9 months

$BABA earnings and stock prices track each other eventually right? 😅 right?.... (i track baba each week here)

3

4

23

Andrew Brown

@abrowninvesting

1 year

8 years ago I sold all my $AAPL apple stock to grow my business. I successfully sold the business 4 years later. If I didn't sell the $AAPL stock I would have about the same amount of money... Lesson - I don't need to start a business to make good money

3

21

Andrew Brown

@abrowninvesting

1 year

I just spent 4k on Alibaba buying a machine for work. Seamless process and I was well protected from any issues. Saved 10k compared to western alternatives for the same machine. $BABA

2

0

20

Andrew Brown

@abrowninvesting

1 year

May Madness is coming to my youtube channel. 1 video a day everyday for the month. Deepish Dives into these companies $INSTAL, $NNI, $MMGR, $EDAC, $VLX.L, $POOL, $DSW.L, $DPLM, $BOC

4

2

21

Andrew Brown

@abrowninvesting

7 months

A look at Tencent's $TCEHY 2023 results. - Rev up 7% - Gross & Op margins improving (back to normal levels) - WeChat still growing - Gaming slightly down - Advertising and Fintech growing fast - More buybacks and dividends. More weekly @

2

0

20

Andrew Brown

@abrowninvesting

7 months

I think Rob Vinall said it well in his recent letter. Chinese companies are focussing on - Returning capital to shareholders - Improving margins - Improving efficiency Yet share prices continue to be weak…🤷‍♂️

2

20

Andrew Brown

@abrowninvesting

9 months

My (rough) expectations. Serial Acquirers edition. No paywall👉 $TVK 🇨🇦 $BRK 🇺🇸 $KPG 🇦🇺 $LIFCO 🇸🇪 $CSU 🇨🇦 $TEQ 🇸🇪 $TOI 🇳🇱

2

1

20

Andrew Brown

@abrowninvesting

2 years

Added more $KPG yesterday. Yum yum yum 😋

5

0

16

Andrew Brown

@abrowninvesting

6 months

$TCEHY Tencent is bouncing back

0

1

17

Andrew Brown

@abrowninvesting

2 years

Proud new owner of $TEQ. Happy to discuss with anyone else out there. @Sugrorsmannen @CXODanielZ

5

0

16

Andrew Brown

@abrowninvesting

8 months

Has anyone bought a private business? Wow it is a minefield. Serial Acquirers have got through the minefield somehow. $TEQ $LIFCO $CSU $MMGR $INDT $JDG $SDI $KPG $TVK $VOLO $LAGR The moat these businesses have is that they have survived past the first 5 acquisitions. Incredible

3

1

18

Andrew Brown

@abrowninvesting

7 months

I'm fascinated with avoiding a Serial Acquirer Blow Up. REQ Capital also discusses it. Here are some thoughts Thanks @oddbjorndybvad again, making my way through your work. part 5 of 7. 🙏

Avoiding Blow Ups - Serial Acquirers by REQ Capital vol5

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

3

4

15

Andrew Brown

@abrowninvesting

5 months

I did 100 push ups a day in April. What were my results? - nothing What did I learn? - That I can do 100 push ups a day for a month.🤷‍♂️ Seems pointless but I do have a sense of achievement. And a little more respect for anyone who can do things over and over again for years.

6

0

16

Andrew Brown

@abrowninvesting

10 months

$3679 ZigeXn🇯🇵- Price / FCFA2S / Growth 0.62x High quality, strong growth, small cap out of Japan

1

0

16

Andrew Brown

@abrowninvesting

2 years

Proud new part owner in Nelnet $NNI This one took some time but was worth the time.

5

1

14

Andrew Brown

@abrowninvesting

10 months

Should Serial Acquirers stay in a niche like, $KPG 🇦🇺 $SDI 🏴󠁧󠁢󠁥󠁮󠁧󠁿 $JDG 🏴󠁧󠁢󠁥󠁮󠁧󠁿 $TVK 🇨🇦 $AEP.V 🇨🇦 or be more generalist like? $TEQ 🇸🇪 $LIFCO 🇸🇪 $CSU 🇨🇦* I think it fits here $NNI 🇺🇸 $LAGR 🇸🇪

5

0

13

Andrew Brown

@abrowninvesting

1 year

Characteristics of amazing revenues - 1. Contracted. 2. Long term visibility. 3. Mission Critical for Customers. 4. Customers are in un-disruptable industries. 5. Customers are happy. 6. Recurring. 7. Growing. 8. Diversified. What am I missing?

7

1

14

Andrew Brown

@abrowninvesting

6 months

$MACF - UK Roll Up Serial Acquirer 🇬🇧 - Margins improving - 11% EPS CAGR (10 years) - Return on equity, capital, ROIIC all 13-25% - PE 10x - Low debt Market cap £200mil 🐣

2

1

14

Andrew Brown

@abrowninvesting

1 year

Who wants to discuss $SDI with me? I think I'll buy more, is there any reason I shouldn't?

7

0

12

Andrew Brown

@abrowninvesting

11 months

Here are my fair value calcs in the graph for $KPG $CSU $TEQ $LIFCO $TOI More info in tomorrow's email, written by me :) Join if you like

1

0

12

Andrew Brown

@abrowninvesting

1 year

@hurdle_rate We are all looking for the best business, I sometimes think I should stop demanding perfection in my investments and build the best business myself

3

0

12

Andrew Brown

@abrowninvesting

7 months

My friend @JustinNoth made a bet with me 5 years ago that Bitcoin would be a far better investment than $GOOG. I thought he was crazy😅. Since then $BTC 6x $GOOG 2.5x

1

11

Andrew Brown

@abrowninvesting

1 year

$BABA intrinsic value is $190/share. But how do we allow for political wipe out scenario?

6

0

11

Andrew Brown

@abrowninvesting

10 months

Serial Acquirers and Megacap Current valuations updated in tomorrows free email.

1

0

12

Andrew Brown

@abrowninvesting

8 months

Updated with the latest earnings. $GOOG on the rise but $BABA way out in front. free each week

1

0

12

Andrew Brown

@abrowninvesting

9 months

After reading, studying and analysing the future of each of these Serial Acquirers. At the end of the day, it is still a guess. 🤷‍♂️ but less of a dart throw and more educated. 🤪

1

0

11

Andrew Brown

@abrowninvesting

7 months

$TEQ Good Serial Acquirers build themselves on the premise of diversification. Do you think every $BRK Berkshire Hathaway or $CSU Constellation Software business crushes it every quarter?

3

0

11

Andrew Brown

@abrowninvesting

6 months

Risks - I can’t predict all the possible futures. I try to be extra conservative with multiples on companies that I think have higher risk. $BKHT joins the weekly email. Yes 32%pa...

3

0

11

Andrew Brown

@abrowninvesting

8 months

How BIG can a Serial Acquirer become? $CSU, $LIFCO, $ALIFB

How BIG can a Serial Acquirer become? Serial Acquirers by REQ Capital...

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

1

11

Andrew Brown

@abrowninvesting

6 months

$WISE I'm impressed more and more by this company. Anyone have a criticism?

10

1

11

Andrew Brown

@abrowninvesting

9 months

Amazing work done by REQ Capital on Serial Acquirers. Slowly digesting it 🐌. Bravo @oddbjorndybvad and the team. thanks again. summary part 2

Serial Acquirers by REQ Capital vol2

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

0

2

11

Andrew Brown

@abrowninvesting

5 months

$BKHT Brockhaus Technologies subsidiary Bikeleasing acquires Probonio. First step into more than just bikes. 🙌

Bikeleasing New Acquisition (Brockhaus Technologies)

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

1

0

12

Andrew Brown

@abrowninvesting

10 months

Busy value investor? I am. On the weekend, I catch up on where expected returns are for Serial Acquirers like $TEQ, $LIFCO, $CSU, $KPG, $TVK, $TOI and megacaps for fun. I share my graphs for free here 👉

0

11

Andrew Brown

@abrowninvesting

2 years

Proud new owner in CSAM Health $CSAM

5

0

11

Andrew Brown

@abrowninvesting

3 years

$BABA selling puts today. $180 Strike, 32 Days, $4.10 premium. Good opportunity

1

0

11

Andrew Brown

@abrowninvesting

10 months

This was great

The Investor's Podcast

@TIP_Network

10 months

🎙️Make sure to check out the latest #MillennialInvesting podcast as Kyle Grieve ( @IrrationalMrkts ) chats with @chriswmayer about the special qualities of serial acquirers that make them compelling investments, tricks on how to value serial acquirers, the importance of

4

11

53

0

1

11

Andrew Brown

@abrowninvesting

11 months

3. $BOREO Boreo 🇫🇮 Mkt Cap = $75m EV/EBIT = 11x Style = Industrial Generalist Accumulator 4. $HQI HireQuest 🇺🇸 Mkt Cap = $220m EV/EBIT = 15x Style = Staffing Specialist Roll up 5. $SFT ($GRA) Software Circle 🇬🇧 Mkt Cap = $60m EV/EBIT = - Style = VMS Generalist Accumulator

2

1

11

Andrew Brown

@abrowninvesting

2 years

$SDI.L $SDI interview I just finished with Mike Creedon, CEO at SDI Group in England now available.

SDI Group CEO Mike Creedon Interview

Interactive Brokers: My Main Brokerage PlatformCLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Undervalue...

www.youtube.com

1

0

10

Andrew Brown

@abrowninvesting

1 year

$Lifco results summary. - EPS 1.63 up 11% (up 16% for the year) - Net debt to EBITDA 1.1x - Revenue up 5,850 up 16.5% (down 0.5% organically) - 13 acquistions so far in 2023, with at least 4 more booked in for Q4 - No change in share count - Capital employed this year up 22%

2

0

10

Andrew Brown

@abrowninvesting

6 months

Do you like small, under followed, attractive, quality, German🇩🇪Serial acquirers? well I do 😅

MBB SE - Attractive Small German Serial Acquirer

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

2

0

10

Andrew Brown

@abrowninvesting

6 months

Packaging distributors are a great, sleepy business. The best public business I have found in the space is $MACF Macfarlane Group PLC 🇬🇧 Also, personally looking at investing in a private business in enviro packaging. Anyone with insights?

3

0

10

Andrew Brown

@abrowninvesting

9 months

Serial Acquirers that buy a majority but not full ownership of a business makes sense. Example, 80% investment and 20% stays with ongoing management. Examples, $HEI, Roko Any reasons why this is worse than buying 100%?

1

0

10

Andrew Brown

@abrowninvesting

11 months

New Serial Acquirers Edition. It's a puzzle, and here is the clue. Clue = 🇦🇺🇨🇦🇸🇪🇸🇪🇳🇱 Answers on Sunday in the email. Free to sign up ->

2

0

10

Andrew Brown

@abrowninvesting

6 months

2009 was a fantastic investing time in good companies. China 2024?

5

0

9

Andrew Brown

@abrowninvesting

5 months

Rob Vinall at RV Capital wrote a great piece about the situation in China. For those who have been to China, this will make sense.

1

8

Andrew Brown

@abrowninvesting

11 months

1. $DGL DGL Group 🇦🇺 Mkt Cap = $130m EV/EBIT = 7.8x P/BV per share = 0.61x Style = Industrial Chemicals Specialist Roll up 2. $CHG Chapters Group 🇩🇪 Mkt Cap = $250m EV?EBIT = - Style = VMS Generalist Accumulator

3

0

8

Andrew Brown

@abrowninvesting

10 months

$SDI - Weak results - Long term thesis still ok? Maybe 🤷🏻‍♂️. - Peak pessimism right now. You either don't think this will work out or you think this is short term headwinds. But saying 'scummy' management is just a cheap shot. You try run a business. Ups and downs are real.

1

0

9

Andrew Brown

@abrowninvesting

8 months

3 Impressive Serial Acquirers that don't get any love.🤔 1. $VOLO Volati 🇸🇪 ( @PGWahlen ) 2. $NORVA Norva24 🇸🇪 3. $MBB MBB Industries 🇩🇪 Reaching out to those who follow these closely? Let's unite!

4

1

8

Andrew Brown

@abrowninvesting

6 months

Here are my first thoughts on Brockhaus Technologies🇩🇪$BKHT

Discovering Brockhaus Technologies BKHT

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

1

0

10

Andrew Brown

@abrowninvesting

11 months

6. $MACF Macfarlane Group 🇬🇧 Mkt Cap = $165m EV/EBIT = 8x Style = Packaging Specialist Roll Up 7. $OMDA ($CSAM) Omda 🇳🇴 Mkt Cap = $55m EV/EBIT = - Style = Medical Software Specialist Roll Up

2

1

9

Andrew Brown

@abrowninvesting

10 months

For those interested, I'm adding Terravest $TVK in today's weekly Yes Stocks, No Stocks email. I have spent the week working out the expected return. this is the website to join

1

9

Andrew Brown

@abrowninvesting

10 months

This article about Heico is epic. Thanks @patrickgrove for sharing it. I've read it twice $HEI

0

9

Andrew Brown

@abrowninvesting

10 months

$SDI SDI Group🇬🇧- P/FCFA2S/G 0.9x ✅Growth prospects ✅Track record ✅Management ✅Small cap ~ 110mil

1

0

8

Andrew Brown

@abrowninvesting

8 months

What do these graphs tell us about Microsoft $MSFT?

6

1

8

Andrew Brown

@abrowninvesting

8 months

Going to make more videos about buying private businesses. 🙃 - Searching - Evaluating - Structuring deals - Negotiations - Site visits - Due diligence - Transitioning - Results Why? Well 2-4x Cash flow deals exist. Plus it's super hard. Hard things are rewarding🤪. Thoughts?

2

0

8

Andrew Brown

@abrowninvesting

11 months

$V is still a beast. 🦍 - Growing 12%+ - Flawless track record - buying back shares 2%+ - Epic margins (60% FCF margins) Worth keeping an eye on, just in case the price gets interesting. Tracking it starting tomorrow. here👉

0

8

Andrew Brown

@abrowninvesting

11 months

11. $KWS Keywords Studios 🇮🇪 Mkt Cap = $1000m EV/EBIT = 10x Style = Gaming Dev Specialist Accumulator 12. $CGEO Georgia Capital 🇬🇪 Mkt Cap = $464m P/BV per share = 0.41x Style = Infrastructure + B2C Generalist Holding Co

3

0

8

Andrew Brown

@abrowninvesting

9 months

"Improved Synergies" - hurts my ears when I hear it from serial acquirers...

2

0

8

Andrew Brown

@abrowninvesting

9 months

"Do small, frequent deals. Build up best practices and get stronger at acquisitions." I like this Serial Acquirer approach. Maybe I'll one day build a serial acquirer... because right now it is all theory and I don't know what I don't know.

3

0

8

Andrew Brown

@abrowninvesting

11 months

$BABA price decline means higher expected returns 🤓. Graphs are updated and email goes out today. Also $ETSY joins the graphic as well today.

1

0

6

Andrew Brown

@abrowninvesting

11 months

8. $3679 Zigexn 🇯🇵 Mkt Cap = $350m EV/EBIT = 8.5x Style = Website Generalist Roll Up 9. $MMGR Momentum Group 🇸🇪 Mkt Cap = $475m EV/EBIT = 21x Style = Industrial Generalist Accumulator

2

0

8

Andrew Brown

@abrowninvesting

6 months

Here is my valuation work on $BKHT Brockhaus Technologies Which I will track each week for free in Explanation in video later this week (not incl new acquisitions, no buybacks, no dividends, + not reaching targets BUT fcf margin expansion from 10% to 18%)

6

0

8

Andrew Brown

@abrowninvesting

11 months

10. $BKHT Brockhaus Technologies 🇩🇪 Mkt Cap = $250m EV/EBIT = 9x Style = IT Generalist Accumulator I obviously like Serial Acquirers, follow along (it's free). I'll be adding more all the time - Ok, you want one more? Well here is two more. 😜

4

0

7

Andrew Brown

@abrowninvesting

6 months

WeChat DAU (daily active users) is 710 million. and growing... $TCEHY

0

8

Andrew Brown

@abrowninvesting

11 months

Maybe i'm wrong, but this appears to be a pattern that I've seen before... $META, $ETSY More cool info in todays email

1

0

8

Andrew Brown

@abrowninvesting

9 months

I live in Bali right now. Noticed a weird thing.🤔 Australians🇦🇺think Bali is over rated and Ibiza is ultra cool. Yet Europeans think Ibiza is over rated and Bali is ultra cool.

3

0

8

Andrew Brown

@abrowninvesting

9 months

$SDI Mike Creedon stepping down as CEO. Amazing decade Mike, bravo

3

0

8

Andrew Brown

@abrowninvesting

5 months

$CBOX Taste Testing, Phantom Shopping and Valuation

CAKEBOX: Tour, Fun Taste Test and Analysis CBOX

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

0

1

8

Andrew Brown

@abrowninvesting

10 months

More regulations against 🇨🇳China gaming companies. No biggy... where does it leave Prosus? $PRX $PROSY More in today's free email 👉

0

7

Andrew Brown

@abrowninvesting

9 months

How brave/crazy are you? 🇨🇳🤪 $BABA

9

1

8

Andrew Brown

@abrowninvesting

1 year

@CJ0pp3l @wallstdanny Growing franchise staffing business for daily workers with lots of runway and seemingly competent, highly incentivised management. This isn't my idea, it is Aaron's. @aaronvalue

Franchise Models and the Power of Incentives

An Interview with Rick Hermanns, the CEO of HireQuest

mindsetvalue.substack.com

1

0

7

Andrew Brown

@abrowninvesting

1 year

Comparing the mage caps against each other. $BABA looking good but $META, $AAPL and $GOOGL solid as well I built more graphs here

0

6

Andrew Brown

@abrowninvesting

1 year

My sober calculations on fair values. $BABA 96% upside. More graphs in tomorrow's Yes Stocks , No Stocks report ->

1

0

7

Andrew Brown

@abrowninvesting

4 years

Mohnish Pabrai is my favorite investor. Hands down, the more I study him, the more I fall in love with. Mohnish, I will buy your lunch date when it is next available. @MohnishPabrai

1

0

7

Andrew Brown

@abrowninvesting

8 months

Great Tom Gayner interview $MKL

The Brutal Lessons That Every Investor Needs to Learn - Tom Gayner

Tom Gayner is the CEO of Markel Group. He discusses investing, optimizing for comfort, the difference between good and bad debt, decision-making, and opportu...

www.youtube.com

0

7

Andrew Brown

@abrowninvesting

7 months

@BrettKPG @buhrman_rick @PaulBuser @FoundersPodcast @CunninghamProf November 6 2023 with Jan Mohr also a very good episode 🔥. Highly recommend

0

4

Andrew Brown

@abrowninvesting

3 years

@bkaellner I think all my BABA puts are going to get assigned to me. at strike of $180 I wasn't expecting to get them all haha. but i'll take it

0

7

Andrew Brown

@abrowninvesting

7 months

You either understand the big picture or you don’t. You either trust management or you don’t. You are either on the long term journey or you aren’t. Whatever your opinions, don’t contribute or listen to the people throwing shade on X💩.

1

0

7

Andrew Brown

@abrowninvesting

1 year

@JohnHuber72 Nice hidden gem on quality, outsider management thinking. Good find

0

7

Andrew Brown

@abrowninvesting

9 months

"Roll Ups" can work as long as they don’t expect and pay up for future synergies. That’ll end in disappointment.

1

0

7

Andrew Brown

@abrowninvesting

1 year

@NordicAssetMind @acquirers_club @quartr I have about 15 i watch closely, but for example, Teqnion, Vitec, Topicus, Terravest, KPG

1

0

5

Andrew Brown

@abrowninvesting

6 months

@MichaelGielkens Some of the best companies in the world right here in this newsletter from @MichaelGielkens

0

1

6

Andrew Brown

@abrowninvesting

6 months

Joe Tsai Co-founder and Chairman of Alibaba admits the company made mistakes 🇨🇳. $BABA The major mistake was losing focus on the consumer experience.

0

6

Andrew Brown

@abrowninvesting

10 months

What Serial Acquirer of this high level should be added to this list?👉 Current spots 🇨🇦 Constellation Software $CSU 🇳🇱 Topicus $TOI 🇸🇪 Lifco $LIFCO 🇦🇺 Kelly Partners Group $KPG 🇨🇦 Terravest $TVK 🇸🇪 Teqnion $TEQ

3

0

5

Andrew Brown

@abrowninvesting

11 months

Sometimes I get an unsettling feeling about a CEO, yet I can't pinpoint what they said specifically.

6

0

6

Andrew Brown

@abrowninvesting

2 years

Building a serial acquirers checklist. What am I missing? 1. Are they spending most of the operating cash flow into acquisitions? 2. Strong ROTIC? 3. Are they keeping diligent on shares outstanding? little dilution and disciplined with it? 4. all cash acquisitions?

2

1

6

Andrew Brown

@abrowninvesting

10 months

My new metric. Price/Free Cash Flow Available to Shareholders/Future Growth or P/FCFA2S/G. It's like the PEG Ratio. $CSU post strong 2020 results P/FCFA2S/G ratio ~ 1.2x $CSU current P/FCFA2S/G ratio ~ 2.7x I'll still continue to track it. It is the🐐

2

0

6

Andrew Brown

@abrowninvesting

4 years

We all need to stop worrying about macro economics. Amazon and Apple powered through the GFC. Inflation, interest rates, upcoming stock market crashes - we are wasting our brain power. Great companies are great companies. Simple

0

6

Andrew Brown

@abrowninvesting

7 months

🇨🇦 the Constellation Software Hidden Advantage $CSU

Constellation Software Hidden Advantage - Serial Acquirers by REQ...

Interactive Brokers: My Main Brokerage Platform CLICK HERE - https://www.interactivebrokers.com/mkt/?src=abrownNPY1&url=%2Fen%2Findex.php%3Ff%3D1338Yes Stock...

www.youtube.com

1

6