ADYEN NV UNSP/ADR

Adyen $ADYEY was the most recent addition to my portfolio, and the first new position I've created in 2022. Why? In short:
- The company is growing fast, and it has a history of taking customers from its rivals
- Talk about cash flow! This company is insanely profitable
- I love the unique business model, and it could be hard to replicate by rivals
- It's fallen a lot in 2022, and while I didn't buy at the bottom, the price doesn't look egregious given its growth and profits
For a more in-depth look at my reasoning (still short, less than 10 minutes) check out the video below:
[https://www.youtube.com/watch?v=4nMJeU9z7F0&t=357s](https://www.youtube.com/watch?v=4nMJeU9z7F0&t=357s)

Informative, concise video -- great job. 🙏

That FCF is stunning and with it trading around only 21x this FCF is incredibly alluring considering Adyen's revenue growth.

Need to revisit this one with some DCA'ing money soon.

Josh Kohn-Lindquist

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

https://www.youtube.com/watch?v=4nMJeU9z7F0&t=357s