Building Wealth Through Quality Companies

Incremental Returns is your guide to investing in exceptional businesses that compound wealth over decades. We focus on companies with sustainable competitive advantages, high returns on invested capital (ROIC), and consistent free cash flow generation – the types of businesses that create lasting value for shareholders.

Why Subscribe?

The market is filled with noise, but true wealth creation comes from identifying and holding outstanding companies for the long term. As a subscriber, you'll learn how to:

  • Identify businesses with durable competitive advantages that allow them to earn consistently high returns

  • Analyze capital allocation decisions that drive long-term value creation

  • Understand key metrics like ROIC, free cash flow yield, and reinvestment opportunities

  • Build a concentrated portfolio of high-quality companies trading at reasonable prices

  • Avoid common pitfalls and behavioral investing mistakes

What You'll Receive

Free Newsletter

  • Monthly deep dives into exceptional businesses, breaking down the key factors that make them high-quality compounders

  • Distilled wisdom from essential investment books, featuring practical takeaways you can apply to your portfolio

  • Regular articles on improving your investment process, portfolio management skills, and avoiding common behavioral pitfalls

Premium Membership Benefits

  • Deep-dive research reports on our highest-conviction investment ideas (monthly)

  • Access to the full portfolio which each positions current status and updated fair value estimates

  • Real time buy and sell alerts with detailed rationale for each trade

  • Access to our complete research archive

  • Private community discussions

Our Investment Philosophy

We believe in:

  1. Focusing on business quality over short-term price movements

  2. Understanding competitive advantages and industry dynamics

  3. Letting high-quality businesses compound returns over time

  4. Maintaining a concentrated portfolio of our best ideas

  5. Remaining patient and thinking long-term

About the Author

For over 15 years, I've managed a concentrated portfolio focused exclusively on high-quality compounders. Through extensive fundamental research and patience, I've learned that sustainable wealth creation comes from identifying and owning exceptional businesses for the long term.

Join Today

Premium membership is available for $30/month, or lock in our best value at $200/year (save 55%).

Your subscription includes:

  • Immediate access to our complete research archive

  • Latest investment ideas and portfolio recommendations

  • Member-exclusive content and community features

Subscribe now to join other investors on the journey to building lasting wealth through quality investing.

"The single greatest edge an investor can have is a long-term orientation." - Seth Klarman

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For those investors who want to discover and invest compounders. High-quality companies that compound wealth over the long-term.

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Author of Incremental Returns.