465- Ulta's Makeup Weather Part 1

465- Ulta's Makeup Weather Part 1

How important is investing to the economy at large? While companies don’t see a direct increase on their bottom line from the secondary market, it can be very important in helping to determine the value of a business and the drive interest in the primary market. For value investors, having a strong understanding of a business’s weather, i.e. their moat, competitive advantage, and other factors that determine their long-term success, is paramount to generating returns on a multi-year timeline. From the Rule #1 perspective, that’s the key difference between investing and simply gambling on the market. After a few weeks’ break on the subject, Phil and Danielle return with part 1 of an extra long 2-part episode breaking down the weather of the makeup industry giant Ulta, and share some of their insights into their own weather analysis of their history with this business. For help identifying the durable advantage of a company you’re looking to invest in, click here for your free copy of The 5 Moats Investment Guide: https://bit.ly/3Kmb33J Topics Discussed: Primary market vs Secondary market CFO CEOs Ulta Augustinus Bader Victoria Beckham Beauty Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(498)

497- FROM THE VAULT: Dawa Tarchin Phillips on Becoming a Mindful Investor

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496- FROM THE VAULT: What Happened to Horsehead Holding?

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495- FROM THE VAULT: Understanding Free Cash Flow

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494- Happy Holidays

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493- Eventing

493- Eventing

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21 Des 202440min

492- Questionable Mastery

492- Questionable Mastery

Your circle of competence is the cornerstone of smart investing. Expanding your knowledge as you grow keeps your skills sharp and your strategy strong. When you focus on what you know best, you gain a...

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491- Google Brainpower

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To novices and outsiders, the practice of investing can appear intimidating and overwhelming.  However, despite the seemingly high barriers to entry and understanding market dynamics, an investor’s IQ...

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490- Talking Terumo part 2

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As value investors, we aim to identify and monitor exceptional, well-managed companies that dominate their industries, effectively operating as unique monopolies. A good starting point is using Google...

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