Author Topic: Companies -truly long term focused not managing to quarter results?  (Read 3308 times)

Broeb22

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Re: Companies -truly long term focused not managing to quarter results?
« Reply #20 on: February 12, 2018, 10:16:51 AM »
Some of the moves Disney has made recently certainly fit the bill of thinking long-term:

Buying BAMTech - Bought leader in streaming at a time when most acknowledged streaming was the future but few were willing to invest aggressively in building their own capabilities
Merging with FOX Assets - makes company more internationally diversified, and provides add'l avenue to grow Disney brands internationally
Opening Disney in Shanghai - long in the works, big risks taken in time and capital...

There is a potential (likelihood?) that DIS continues to suffer as the cable bundle frays, but DIS is likely to continue to be relevant 10 years from now due to these moves...

Others I like:
Danaher
Devin Wenig, CEO of EBAY - Has done a great job reinventing the user experience at EBAY. There is a lot of work to do to compete with AMZN, but the company's increasing growth rates and lower margins (largely due to increased investment) indicate the company was a sleeping giant for a long time.
POST - I always look forward to Post Holdings' calls because hearing the strategic thoughts of Robert Vitale is worth it. They carry a lot of debt, but I think they constantly think about their businesses strategically.



no_free_lunch

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Re: Companies -truly long term focused not managing to quarter results?
« Reply #21 on: February 12, 2018, 10:18:21 AM »
Knight therapeutics (gud.to).

Taking on huge piles of cash when the stock is high and then just sitting on it due to a dearth of opportunities is long-term in my mind.  Certainly the market hates it.  The company has only been around a few years but the CEO has a track record from his prior gig at paladin labs.

EDIT:

+1 to Costco, Disney, Danaher, MKL, BAM. 

There are some other great idea in here, I will be doing digging on FRP / LAACZ
« Last Edit: February 12, 2018, 10:22:14 AM by no_free_lunch »

RedDaruma

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Re: Companies -truly long term focused not managing to quarter results?
« Reply #22 on: February 12, 2018, 11:03:22 AM »
I would add CMPR to the list.
Best,

Nell-e

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Re: Companies -truly long term focused not managing to quarter results?
« Reply #23 on: February 13, 2018, 11:51:33 AM »
I think Chegg falls into this category since Rosensweig took over.

zgrendi

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Re: Companies -truly long term focused not managing to quarter results?
« Reply #24 on: February 13, 2018, 12:26:20 PM »
A good place to look for such companies are those Tom Russo invests in. Gardner Russo & Gardner. For those who may not be familiar, Tom is widely present on Youtube talking about this very topic, calling those long term companies with the "capacity to suffer". Nestle is one Tom has often spoken of.

He was also talking PM a couple months back on WealthTrack, because it has suffered while investing in the IQOS.  His portfolio is mostly booze and cigs.  Very partial to companies where "good families" have a big stake, like HEINY, because they have a proper long term owner's mentality.
Portfolio:  BAM, BF.B, DEO, DVA, GPIC, JPM, MA, MKL, T, V, WMT