Durable Growth, Expanding Margins, and Direct AI Exposure in Enterprise Software
When Revenue Inflection Meets Profitability
A 55% ROIC SaaS Company Trading at 14x FCF
Can It Keep Winning?
The AI Phoenix Rises
Will Stablecoins Kill Mastercard and Visa? Why the Payment Giants May Thrive, Not Die
How AI Supercharged Wix While the Market Doubted
AppLovin has built a "data flywheel moat", a self-reinforcing ecosystem where each component strengthens the others
This Company Will Win. Full Investment Thesis.
If Amazon and Stripe had a baby.
June 2025 update: Income Portfolio + Compounding Portfolio
The more data centers scale, the more essential ANET becomes.
