Matthew Harbaugh
@themattharbaugh
Quality-Growth Investor | I study great investors and share their insights with you | Helping you earn a high return on your Invested Capital
Bill Ackman on $GOOG $GOOGL "Despite tremendous business momentum, Alphabet still trades at around 18x earnings, a highly discounted valuation for a business of its quality and growth prospects. As the company executes on its AI potential and margin expansion opportunity to…
The key question every investor in Constellation Software wants to know is simple. How are you going to deploy ever larger amounts of capital at high rates of return? Well we got the opportunity to ask a Head of M&A at $CSU just that! Register below (no paywall) to access!
Hardware wasn’t the big opportunity for $AXON It was creating a software ecosystem that tied the cameras and the millions of hours of video they would generate to a platform that police departments embedded into their work flow and prosecutors relied on.
Death, taxes, and Oakmark fanboying over $GOOGL! I agree though. My only concern is that I’m long $GOOGL and nothing in my portfolio goes up.
Bill Nygren of Oakmark Select Fund on $GOOGL valuation "We believe the potential payoff from these investments across each of Alphabet’s business units remains underappreciated. After adjusting for the value of Google Cloud and Alphabet’s Other Bets, we believe the Search,…
Buffett/Munger on the importance and the value of reading history "If you never watched a baseball game and you've never seen a statistic on it, you wouldn't know whether a .300 hitter was a good hitter or not. You have to have some kind of mosaic there that your thinking is…
"Most of your time being a value investor is as an academic, a researcher, a journalist actually, to have insatiable curiosity and try and figure out how just about everything works. Because in investing the more you know the better off you are." -Li Lu
Bernard Arnault on the goal of $LVMH "Growth must not be the goal. The goal is desirability. People must desire the brand...but the goal isn't to generate growth at all costs." - 4Q23 earnings call
Rowan Street core holdings as of 2Q25 $META $SPOT $NFLX $TTD $TOI $SHOP $ADYEY $DNP "That is the essence of our approach: to patiently compound capital by partnering with what we believe to be great businesses- and with some of the world's best entrepreneurs and…
Bill Nygren of Oakmark Select Fund on $GOOGL valuation "We believe the potential payoff from these investments across each of Alphabet’s business units remains underappreciated. After adjusting for the value of Google Cloud and Alphabet’s Other Bets, we believe the Search,…
*New Dialogue Podcast just dropped* We cover $EVO 2Q25 Earnings! 🔹 Review of Black/ Grey Markets 🔹 UK Investigation and EU Ring-Fencing 🔹 Asia Market Regulation and Cyber Attacks Listen Below!
$AXON on making quarterly numbers versus seizing long-term opportunity.
Since 2020, $APPF has doubled revenue per customer While ACH fees are an aspect of this, they have also been successfully cross-selling new services and upselling customers on more expensive packages. As they attract more large property managers who require more sophisticated…
Bernard Arnault after acquiring $LVMH “I am the boss. I will be here on Monday morning and I will be personally running the company. Carry on as you were.”