Superb companies They must eat their own cooking This is a revised version of a post first published October 30, 2021. I was stimulated to write this revision when I was reading the annual report of a company I’ve owned shares in for some ten years. The controlling family holds 95% of voting rights and I hold none. I’ve done well. See >>>Revision below. Investors should educate themselves about dual-class shares. In this post I’ll […]

“What should I do with a cash lump sum?” For most people, this could be an inheritance, bonus or other windfall. But recently I had the fun challenge of discussing this with an owner whose business had just been through a partial sale to private equity. So they were sitting on a cash pile larger […]