Focused Compounding | Andrew Kuhn | Activity https://focusedcompounding.com/members/andrewkuhn/activity/ Activity feed for Andrew Kuhn. Tue, 31 Mar 2026 01:08:04 -0500 https://buddypress.org/?v= en-US 30 hourly 2 066cd94845eb027b770d003cd1b14cf7 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=7168 Mon, 01 Aug 2022 18:42:24 -0500 Here’s an inspiring story I heard the other day.

Last week, I spoke with an investor who recently inherited an investment account from their uncle. The uncle worked as a fireman, lived below his means, and […]

]]> 108c65e0ce813ff330e1dcc9253cee57 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=6989 Mon, 08 Nov 2021 16:32:44 -0600 Geoff wrote about U.S. Lime back on February 18th, 2018. Focused Compounding members can read that article here:  U.S. Lime (USLM): A High Longevity Stock in a Low Competition Industry

U.S. Lime at the time […]

]]> 5cad513b5e84c9a02fb748bffe52a993 Andrew Kuhn commented on the post, Some Thoughts on Calloway's Nursery, Inc. https://focusedcompounding.com/some-thoughts-on-calloways-nursery-inc/#comment-442 Mon, 04 Oct 2021 14:49:58 -0500 Hey Ney!

You can view the financials under the disclosure tab on OTCMarkets.com.

Thanks for reading

]]> f9a07f11446369c22475ad824abc6bac Andrew Kuhn commented on the post, Some Thoughts on Calloway's Nursery, Inc. https://focusedcompounding.com/some-thoughts-on-calloways-nursery-inc/#comment-440 Sat, 02 Oct 2021 17:40:50 -0500 Yeah, all good questions. I did read in the some employee reviews that people feel underpaid

]]> deece55ad41772826e1073d72d5f3c36 Andrew Kuhn commented on the post, Some Thoughts on Calloway's Nursery, Inc. https://focusedcompounding.com/some-thoughts-on-calloways-nursery-inc/#comment-439 Sat, 02 Oct 2021 17:39:59 -0500 Thanks a lot!

]]> 179d08bdc3799ba0bef22fcd8b90f940 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=6968 Fri, 01 Oct 2021 15:57:23 -0500 I plan to use Focused Compounding as my investing journal. My “writeups” will be less structured than Geoff’s, but could serve as a starting point for members to research a new stock. My posts will literally be […]

]]> 1cc5a828f42694fae5c9070689a98a18 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4820 Fri, 30 Oct 2020 19:12:30 -0500 Interesting Articles from the Week:
Apple, Google and a Deal That Controls the Internet: Apple now receives an estimated $8 billion to $12 billion in annual payments — up from $1 billion a year in 2014 — in exc […]

]]> 03480f6955de51f7cb554d6cca992f75 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4749 Wed, 27 May 2020 15:48:18 -0500 A 12-minute read

Hi Geoff,

 

I think you have touched on this before but I will ask a bit more detailed. Do you think it’s better to be an expert on one industry and the stocks within that industry vs […]

]]> 0ea18e347f18b5ba46917e945409ed69 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4727 Sun, 19 Apr 2020 22:16:20 -0500 Hi Geoff, 

 

I am very new to investing and I have most of my savings invested in Vanguard S&P 500. I would love to learn more about the world of investing but I just don’t know where to start. Could you ple […]

]]> 89f1750e29f79c97d34c4f6667a56bca Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4723 Sat, 18 Apr 2020 15:42:50 -0500 What Makes a Business Durable?

Hey Geoff,

I noticed in one of the recent videos you mentioned that the durability of the business matters more then the returns. I believe you were answering a viewer […]

]]> 0add82427036afc0326f46a8b99340f7 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4716 Tue, 14 Apr 2020 20:33:54 -0500 Someone sent Geoff this email:

Hi Geoff,
 
On regular days your focusing on overlooked stocks makes much sense to me and is the right place to look for good companies at a decent price.
 
But in this m […]

]]> 7c26c6fcf2df0821ac7a90ad717fab45 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4711 Tue, 14 Apr 2020 20:30:12 -0500 Someone Geoff  this email ( to ask your own question: just send me an email ) :
My question is a simple one.

“What do you think is a fair price to pay for Omnicom?”

Answer: Omnicom (OMC) Could be Wor […]

]]> 8295d50027275d78c25976e077d6a5b8 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4690 Wed, 08 Apr 2020 17:11:13 -0500 Someone sent Geoff this email (to ask your own question: just send me an email):

I think that car dealers face a lot of competition, especially for used cars and service, that I could […]

]]> 3eafe887799a3ccfb0bc4812b4798691 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4681 Tue, 07 Apr 2020 12:42:33 -0500 Someone sent Geoff this email:
 
Dear Geoff,
In this video   you mention a PE of 26 for OTC and yet use an implicit growth rate of 6% which is not the inverse of 26. I would like to understand why that is. […]

]]> 5d2b1a541c198aa94b48900da65b6915 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4674 Sat, 04 Apr 2020 13:58:25 -0500 Someone sent me this email:

…you mentioned Omnicom, and you said that per share numbers should be avoided when computing growth…as you mentioned Omnicom buys back its stock, therefore why remove this inf […]

]]> 3658d091850d683f78315dcb114161f9 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4663 Thu, 02 Apr 2020 20:28:55 -0500 Someone sent Geoff this email:

I’m curious why the SMAs are 40% cash. Did that happen once you learned about the potential impact of the virus? Or was that the case beforehand? I know you were fully i […]

]]> a40f44426410a3df553f43aa958b3308 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4554 Wed, 05 Feb 2020 21:35:24 -0600 Written by: Vetle Forsland

 

Introduction

The video game industry is a large and rapidly growing market with revenues projected to reach nearly $200 billion this year, a consistent growth rate in the […]

]]> 8e8219571ddf0157ce5527913231c84a Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4534 Wed, 22 Jan 2020 18:42:04 -0600 For this week’s post, I decided to talk to the camera. Be sure to watch if you haven’t here.

[embedyt] https://www.youtube.com/watch?v=IRCZfDyDkmw%5B/embedyt%5D

]]> ceb5c49de2012be90124b968e3b639e8 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4493 Mon, 06 Jan 2020 00:02:50 -0600 To Focused Compounding Members,

 

I hope everyone had a great holiday! Let me start by saying I am not one for New Year’s resolutions. I genuinely believe you should start today instead of tomorrow – and […]

]]> 01eab26c3a263bad69aa44a92610d96a Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4485 Mon, 30 Dec 2019 16:03:51 -0600 From 12/21/2010

Here’s an interesting article from BusinessWeek about how members of Congress do best when picking stocks from their own districts. While cynics will jump to the conclusion these rep […]

]]> fcc02136435cbc7c5c8faaf733a4da4f Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4452 Fri, 06 Dec 2019 15:41:05 -0600 By Geoff Gannon
06/07/2012

 

For understanding a business rather than a corporate structure – EV/EBITDA is probably my favorite price ratio.

 

Why EV/EBITDA Is the Worst Price Ratio Except For All […]

]]> 72544a4b490df6e94ae7ece2fda86456 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4424 Mon, 25 Nov 2019 19:21:56 -0600 Recommendation: Buy

Burford Capital is complicated to value; and so vulnerable to opportunistic short sellers, but this weakness offers opportunities to long term investors.

Stephen Gamble, writer and […]

]]> ce32c800f70ca41107c016aa56b19ad1 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4265 Wed, 02 Oct 2019 16:57:51 -0500 Originally posted at http://www.Gannononinvesting.com on June 01, 2011

by Geoff Gannon

Someone who reads the blog sent me this email:
Dear Geoff,

in your article “Should you Buy Microsoft?” on GuruFocus, you […]

]]> 249bc9f4e9113e394fc7ed6f8c782dde Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4243 Thu, 26 Sep 2019 18:37:07 -0500 Some readers have emailed me with questions about exactly how to calculate free cash flow, including: Do you include changes in working capital? Do you really have to use SEC reports instead of finance w […]

]]> 79df82e939b3c7a64988991607831e37 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4222 Fri, 06 Sep 2019 20:01:54 -0500 “In lieu of (earnings per share), Malone emphasized cash flow…and in the process, invented a new vocabulary…EBITDA in particular was a radically new concept, going further up the income statement than anyone had g […]

]]> 38f063586ef980d3f0790a96bf16656d Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4220 Thu, 05 Sep 2019 17:37:04 -0500 By GEOFF GANNON
09/05/2019

A Focused Compounding member asked me this question:

“Have you any thoughts on why U.S. banks are so profitable (the better ones at least)? I’ve looked at banks in other cou […]

]]> b5ac9289b256495fa880fcaaf08e5fcd Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4215 Tue, 03 Sep 2019 19:20:53 -0500 By Geoff Gannon

December 8, 2017

 

 

Someone emailed me this question about tracking portfolio performance:

“All investors are comparing their portfolio performance with the S&P 500 or DAX (de […]

]]> ccfa9332f048b31eff41c8cb357ef31c Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4201 Wed, 21 Aug 2019 19:04:21 -0500 March 26, 2011

 

Someone who reads the blog sent me this email.
Geoff,

In a previous email to me you explained how Warren Buffett values a company.  The text that your wrote was:

“He wants his i […]

]]> 51a828e4936245135aa9d1d10bdca2c2 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4199 Tue, 20 Aug 2019 16:11:32 -0500 April 24, 2016

By Geoff Gannon

Moat is sometimes considered synonymous with “barrier to entry”. Economists like to talk about barriers to entry. Warren Buffett likes to talk about moat. When it comes to inv […]

]]> 8e1cc7cfd196d45bc9a4fc7d5f74294c Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4191 Sat, 17 Aug 2019 16:12:02 -0500 December 17, 2017
by Geoff Gannon

A blog reader sent me this email:

“Do you ever pay attention to insider transactions when analyzing a company?”

I do read through lists of insi […]

]]> 9d1eaa5b0967a3944be39b295524a79d Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4166 Tue, 13 Aug 2019 22:05:51 -0500 by ANDREW KUHN
 

Parks! America                                             

Price:    $0.14

Shares: 74.8m

MC:     $10.4m

Cash:    $3.2m

Debt:    $2.4m

EV:       $9.6m

 

Geo […]

]]> 7cadabe5ed485019ab825598a7244731 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4163 Tue, 13 Aug 2019 20:32:16 -0500 December 14, 2017
by Geoff Gannon

A blog reader emailed me this question about why I appraise stocks using a pure enterprise value approach – as if debt and equity had the same “c […]

]]> 9906c0d95f6fd12470bfc58ea1fd1f32 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=4148 Fri, 09 Aug 2019 19:09:48 -0500 December 23, 2017
by Geoff Gannon

Richard Beddard recently wrote a blog post about company strategy. And Nate Tobik recently wrote one about how you – as a stock picker – have no edg […]

]]> 8ad8b67ecf8ac65b9498266b435a5e39 Andrew Kuhn wrote a new post http://s37.f35.myftpupload.com/?p=3269 Fri, 14 Sep 2018 17:20:57 -0500 To Focused Compounding members:
This week, a Focused Compounding member sent me a link to a blog post about Brighthouse Financial (BHF). Brighthouse Financial is the spun-off retail business of MetLife. […]

]]> 3c89549924c6f5e466a0f2984b77cf2d Andrew Kuhn wrote a new post http://s37.f35.myftpupload.com/?p=3263 Fri, 14 Sep 2018 17:08:55 -0500 To Focused Compounding members:

I spend a surprising amount of time talking with members about other investors – investors who are doing better than them. The truth is: returns much beyond 20% a year aren’t eve […]

]]> c184e1e6782b52652047c05b0e016aaa Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=3172 Tue, 28 Aug 2018 17:51:08 -0500 Member Write-up by Yuvraj Jatania
Spinoff Background 

In May 2018, KLX Inc. (KLXI) announced an agreement to sell their Aerospace Solutions Group (ASG) to Boeing for $63/share in an all cash deal. 

The d […]

]]> 57716c69d71313ea9fb3c3f7bd2885b4 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=3168 Fri, 24 Aug 2018 14:41:38 -0500 Member write-up by VETLE FORSLAND
I wrote up BUKS on the website earlier this month. After discussions with Geoff, we agreed that a follow-up article was relevant, as there were important parts of the thesis that […]

]]> 07f3e38947d6c1ff09557b134bc2d6f9 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=3119 Fri, 13 Jul 2018 00:31:05 -0500 Member Write-up by VETLE FORSLAND
Investing in companies with big upsides (and big downsides) with LEAPS, instead of common stock, to up your return (and minimize risk)

 

If you believe that a stock is […]

]]> 73c473c879ae2348c21deac00f81a5c0 Andrew Kuhn wrote a new post http://s37.f35.myftpupload.com/?p=3272 Sun, 01 Jul 2018 17:22:27 -0500 To Focused Compounding members:
This week, Vetle Forsland was our guest for two podcast episodes. One was about GameStop (GME). The other was about Entercom (ETM). You should listen to them both. What stood […]

]]> cc971b2d4e0d4dcbe1cf5a181fa16892 Andrew Kuhn wrote a new post http://s37.f35.myftpupload.com/?p=3275 Sun, 24 Jun 2018 17:25:07 -0500 To Focused Compounding members:
One of the most difficult things for investors to deal with is to watch other get richer faster than you. In the stock market, the same choices are available to everyone. So, if […]

]]> 049fa1856319401e35f8ff0c74fcc3d2 Andrew Kuhn wrote a new post http://s37.f35.myftpupload.com/?p=3278 Sun, 17 Jun 2018 17:27:10 -0500 Wednesday, June 13th – Monro by DAVE ROTTMAN
 

To Focused Compounding members:
As a stock picker, when you’re first faced with the decision to buy or not buy a stock – it seems like a complicated ques […]

]]> aab4823c95cb97fc942f2ef15dabfe03 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=3041 Sat, 09 Jun 2018 17:46:18 -0500  

Hamilton Beach Brands Holding Co should not be a completely new stock to Focused Compounding members – but, for those who may be new I will provide a bit of a background. Hamilton Beach Brands […]

]]> 0d40c31247d51853fba4909805a1a0f7 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=2965 Fri, 25 May 2018 18:53:06 -0500 Member Write-up by Luke Elliot
 
Note: Sponsored ¼ share ADRs also trade under “PANDY” in U.S. Dollars
 

 

 

 

 

Pandora A/S is the largest jewelry maker in the world  […]

]]> 4ba95d7ca35c4f3ca80fe545be6812a2 Andrew Kuhn commented on the post, Entercom Communcations (ETM): The Second Largest Radio Station Owner in the U.S. Trades at a Lower EV/EBITDA Than its Debt Laden Peers https://focusedcompounding.com/entercom-communcations-etm-the-second-largest-radio-station-owner-in-the-u-s-trades-at-a-lower-ev-ebitda-than-its-debt-laden-peers/#comment-212 Wed, 09 May 2018 15:51:26 -0500 This is for everyone to look at — A short thesis that was posted on SumZero on ETM… https://twitter.com/LuisVSanchez777/status/993930230179000325

]]> a431f4e11cd47d30a1587a868106dc62 Andrew Kuhn commented on the post, Entercom Communcations (ETM): The Second Largest Radio Station Owner in the U.S. Trades at a Lower EV/EBITDA Than its Debt Laden Peers https://focusedcompounding.com/entercom-communcations-etm-the-second-largest-radio-station-owner-in-the-u-s-trades-at-a-lower-ev-ebitda-than-its-debt-laden-peers/#comment-201 Tue, 08 May 2018 16:48:00 -0500 This is an excellent write-up Vetle. Geoff and I are set to go over this stock in person on Thursday. Since none of us have positions, seeing this drop is welcoming 😀 We’ll report back with our findings…

]]> 046dabb5180bc921f83af948437a375d Andrew Kuhn commented on the post, The Cheesecake Factory (CAKE) https://focusedcompounding.com/the-cheesecake-factory-cake/#comment-79 Fri, 08 Dec 2017 13:54:37 -0600 I’m not familiar with that company, and would definitely like to read a write up on the idea exchange if you decide to do one!

Best,
Andrew

]]> f69f69b6f5fe0e06eb380192b119349c Andrew Kuhn commented on the post, The Cheesecake Factory (CAKE) https://focusedcompounding.com/the-cheesecake-factory-cake/#comment-76 Thu, 07 Dec 2017 13:50:15 -0600 Great post Jayden!

]]> 496dadba6f8cdc331e51b74c219955eb Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=2461 Mon, 27 Nov 2017 17:56:16 -0600  

CARS- Cars.com recently completed the spinoff from their parent company Tegna Inc, and started trading as its own publicly traded company on June 1st. Geoff and I did some research on the company a little […]

]]> 63d6c62898d2f67a9d08c1b41387d503 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=2400 Fri, 17 Nov 2017 18:19:48 -0600 I’m a big process guy. I believe if you have the correct processes in place and develop the right habits over time, you will succeed in whatever it is that you want to accomplish. Geoff and I get asked all the t […]

]]> 22f025091c12dc416f4349a3a2a517f0 Andrew Kuhn wrote a new post https://focusedcompounding.com/?p=2388 Sat, 11 Nov 2017 01:31:58 -0600 Green Brick Partners reported earnings this past week on November 6th. For those of you who don’t know much about the company, here is a summary that Geoff wrote about the company back in September:

“Green Bri […]

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