Portfolio & Process

Can BYD Still Become the Future Toyota I Bought?

I bought BYD as a future Toyota thesis. Now Hungary, overseas margins, and cash flow matter more than export volume.

No Pain to Begin With: How I Invest My Own Capital

I explain the operating system behind my own portfolio — two core buckets, a fair value compass, and the discipline to buy when everyone else is…

Apr 5 • Philip Reschke

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