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Excelsior Capital

Excelsior Capital

Investor on a lifelong learning journey. Contrarian by nature, patient by design. Discover the books & ideas that fuel my growth.

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Substack
PricingOnly free issuesPublishesTwice weekly
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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Value Investing: Then and Now

I've been reflecting on the recent commentary regarding the performance of value stocks from several prominent figures in value investing. Some have suggested that the era of value investing has come to an end and that it's time to embrace ...

7 days ago
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Five Below Inc (FIVE): In A League of Its Own

##### This information is based on sources believed to be reliable, but their accuracy cannot be guaranteed. The information contained in this publication is not intended to constitute individual investment advice and is not designed to mee...

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To Seek Dividends or Not

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20 days ago
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Supply, Demand, and Scale: The Trinity of Competitive Advantage

"If no forces interfere with the process of entry by competitors, profitability will be driven to levels at which efficient firms earn no more than a “normal” return on their invested capital. It is barriers to entry, not differentiation by...

a month ago
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  • Excelsior Capital

    Investor on a lifelong learning journey. Contrarian by nature, patient by design. Discover the books & ideas that fuel my growth.

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