My 2018 annual letter is linked below. Topics include:
- How I define a high-quality company
- A 4-page deep dive into Trupanion’s competitive advantages
- What led me to sell JD.com
Category: Shareholder Letters
2018 Interim Shareholder Letter
My 2018 interim letter is linked below. Topics include:
- My evolution to focusing exclusively on compounders
- JD.com investment thesis
- Four significant changes to Wiedower Capital to help align my investment strategy with my partners and my own pay structure
2017 Annual Shareholder Letter
My 2017 annual letter is linked below. If you’re interested in the below topics you should probably check it out 🙂
- Why I think Issuer Direct has a durable competitive advantage and can grow for many years
- How undervalued Parks! America is
- What I learned about myself as an investor through investing in New York REIT
- Setting short-term goals that don’t hinder long-term goals
- Other general musings and portfolio updates
