If you are aiming to be a long term “buy and hold” or “neversell” investor, one of the implicit assumptions you are making with this is that your businesses will survive.

One of the best places to look for businesses that will be around for a long time in the future is to look at businesses that have been around a long time!

The concept of Lindy being that these businesses keep getting tougher and tougher to kill as opposed to turkeys waiting to be slaughtered. In this free piece, I go over some businesses briefly that I believe exhibit characteristics of the Lindy effect and some thoughts on why that is.

These include $MKC $CP $ADBE $HESAY $OTCM and more.

Check it out, share with friends and subscribe for more! Thanks!

Thanks to all those who subscribe already to Margin of Safety Investing. I’ve removed the paywall from my most recent post as a thank you to all who have been so supportive so far!

Check it out and let me know what y’all think.

I’ve decided to pull the paywall off my Texas Instruments research piece for anyone interested in learning a bit more about a compounder with good competitive advantages, secular tailwinds and good capital allocation leaders.

Signup for more as I my next writeup will be published tomorrow morning on a microcap serial acquirer with a founder led organization with strong high quality recurring revenue that is recession resilient. It will be all about $KPG.AX Kelly Partners Group Holdings.

A brief update on $XPEL - quick review of the recent earnings, a look ahead and something about the model that clicked for me

My latest research was published this morning on AutoCanada. It is an interesting smallcap auto dealer and collision center rollup that may be of interest to value investors.

•Check it out below (paywall with a free trial available)

$POOL is a relatively small position for me. I’m of two minds on the next little while for the business. Part of me would love a bit of a correction so that I can make it a bigger position as I get new cash. The other part of me is less rational and hope the stock price rises in the short term. Either way, I’m doing nothing tomorrow in the markets.

https://commonstock.com/post/b423c297-fd01-407c-8a87-6ebcfd49b252 by @from100kto1m

A quick substack post on my portfolio performance, changes, and what I’m focusing on going forward. (Free for all)

I wrote my take on some errors we all make during the falls of the stock market during a bear market.

The one quote that I think expresses the essence of what I am trying to express:

_For most investors, the best strategy is not the one that will give you the highest returns but a good one you can stick to through difficult times.

Check out my latest report on $TXN

Run by a great management team that has a laser focus on long term value to shareholders by targeting effective free cash flow per share growth and a plan to return 100% to shareholders with dividends and share repurchases.

Margins and returns on capital have been improving steadily for over a decade as they increase their efforts to manufacture more on the cost advantaged 300 mm wafer. Billions in capex will be spent going forward on this very thing.

They enjoy a slow moving tech with long lifecycles for their products - years and in some cases decades.

They offer 80,000 products to over 100,000 customers and are currently trying to get closer to those customers in an effort get repeat business and understand the future needs.

The business has risks as well, the largest in my opinion is the 55% of sales from China.

Check it out for more…[paywall with free trial and 25% off for a year offer available inside]