Feather Fund

We invest in the best and stay curious about the rest.

Building a better mental model for high-quality companies, one book at a time. $AMZN

Thoroughly enjoyed the deep dive from @DrewCohenMoney on $CPRT. Incredible analysis and insights into the business model and market dynamics. A must-watch for anyone following the space. youtu.be/Ar8QlzMhcfs?is…

Probably one of the best investment lessons.

@Invesquotes We have one final suggestion that matches the description, or at least some of it: Atlas Copco?

@FeatherFund Nope! I don’t think Adobe has proprietary data that matters!

Just published my new in-depth report. The company has…. - 90% market share in a mission-critical workflow for its customers - Has been on a journey of simplification - Is repurchasing shares aggressively - Has been caught up in two flawed narratives (and therefore it’s cheap) I expect an 18-19% CAGR over the next 5 years.

We're making up for our underperformance this year. #SP500

We love the serendipity of research. You start investigating one company and accidentally discover another. That is when research transforms into a discovery.

$SPGI $V $MA $VRSK $EFX $AMZN $BR $FICO $CSU.TO $CPRT

Here's a fun fact: Mastercard earns 30% more than Visa on every dollar processed. Take rate on every $100 transaction: Mastercard: $0.31 Visa: $0.24 $MA $V

Well, well, well! Look who's back from the dead! $PYPL

Testing the latest updates at @fiscal_ai - honestly, they are game-changers! $CPRT

$BR tops the list of the most undervalued technology stocks to buy today.

$CPRT 📚

Shifting gears this year: moving away from pure investment theory books toward the biographies of great operators. ​Made in America is proving that business acumen is the ultimate edge. We are building a better mental model for high-quality companies, one book at a time.

Great episode by @chitchatstocks on $CPRT: youtu.be/RvXNE_kDW4Q?is…

To an outside viewer, our frequent portfolio updates over recent months might look like overactivity. However, every single one of these adjustments was made only after rigorous, deep-dive examination of our holdings and their alignment with our investment philosophy.

This is not a reflection of a deteriorating thesis in $DUOL, which remains a phenomenal, rapidly growing business with an excellent product. Instead, it is a choice about the exact type of asset we want to own for the next 10 to 20 years.

PORTFOLIO UPDATE: $DUOL => $CPRT

At Feather Fund 🪶 we enjoy the benefit of permanent capital.