Veeva's Economic Moats Switching Costs Imagine a pharma company trying to change platforms…Data migration from old to new. Carries risks. May be time consuming. Interrupt workflow.Customization of the new solution to the business.Training of staff.This is both expensive and risky. Meaning once a pharma business has installed Veeva into their business, they need extremely compelling … Continue reading Veeva Systems Inc. (VEEV)
by Husain Kothari
MasterCard Inc. (MA)
MasterCard is the second-largest e-payment network company helping to authorize, clear and settle a transaction. It is the middle-man, moving money to and fro from one bank to the other. MasterCard itself does not loan the money to the consumer to buy goods on credit, nor does it physically sell the credit cards.
Principles of an IM
Dear KIP Investor,In this letter, I state certain principles which I will abide by at KIP. These will help you understand my investing approach and my relationship with you. KIP_Principles of an IMDownload
Leejam Sports Company – IPO analysis
Leejam Sports Company is a Saudi joint stock company established in the Kingdom of Saudi Arabia. The Company operates the largest network of fitness centres in the Middle East and North Africa region under the Fitness Time brand with 112 operational fitness centres in 23 cities in the Kingdom and three cities in UAE. Additionally, 31 fitness centres are under development as of 31 December 2017.
Deep-Value Vs Wide-Moat
by Husain Kothari
Moat Investing – A KIP Process
Investigate First, explore the stock as a business. Then ask: Has it created economic value? Is it likely to continue creating this in the future? Value creation in the past: Unpack 10-years of financial history. a) Did ROIC meaningfully exceed WACC? b) Did the ROIC-WACC spread apply to an increasing Capital base? (aka. Economic Value … Continue reading Moat Investing – A KIP Process
Of Cycles and Swings
by Husain Kothari
Of Investments and Speculation
by Husain Kothari
Of Discards & Bargains
by Husain Kothari
Of Pouncing with Vigor
by Husain Kothari