No. of Recommendations: 1
I've built 1% positions in all three recently. Lower average cost than what BRK paid for POOL and STZ and about ~7% higher on DPZ.
Anyone own and like any of them?
No. of Recommendations: 1
Yeah, unusually for Ted/Todd picks, I like at least two out of the three.
With Domino's you have to account for some gearing but they have an impressive return on capital and they throw off a lot of free cash flow. They've relentlessly reduced the share count since 2013, by almost 40%. Pool Corp has very good returns on equity and capital though the buybacks haven't been at the same scale.
I don't really get why T or T likes Constellation instead of, say, Diageo. I own a basket of hi-proof stocks: STZ, BF-B, DEO, RI, MC, rebalance a little if anything looks more expensive or out of favor. The overall economics of the sector have been pretty good, historically, though that may be less true in the near future. I've been meaning to take a look at Kweichow Moutai, which I think Monsoon Pabrai owns.
No. of Recommendations: 1
I owned POOL many years ago. It was a pick by one of the Motley Fool newsletters. Haven't looked at it in a long time. Another stock that was similar to it at that time and has done well is FAST (Fastenal). I think the last time I looked at FAST it was pretty highly priced.
Rich
No. of Recommendations: 0
I think the last time I looked at FAST it was pretty highly priced.
Priced high to match its inventory. They have a lot of things your local Home Depot doesn’t, but rarely in my area were they the best priced.
