How Costco Won in Japan
Costco conquered Japan while other big-box competitors failed by strategically adapting to local space constraints with multi-level stores, balancing American products with Japanese preferences (30% fresh food!), and maintaining core warehouse principles.
ASML’s China Risk
You have probably heard something like “China is 15 years behind EUV,” which leads many people to believe that in 15 years, China will be on par with ASML. The reality is that by 2040, China could be on par with the ASML of 2025.
What's up with Kraft Heinz?
The Kraft Heinz saga is a cautionary tale of financial engineering gone wrong. 3G Capital's aggressive cost-cutting boosted short-term margins to 30% but sacrificed long-term growth, resulting in a -5.6% 10-year return.
Porter’s Capital Efficient Stock Screen
A good screen for high quality companies with Visa, Fair Isaac, MSCI, Apple, Texas Pacific Land, Mastercard, and many more making the list.
The New Pump and Dumps
We’re in that part of the cycle again with Chinese pump and dumps making another surge.