To The Moon

Here's my portfolio breakdown and valuations as they currently stand.

$Microsoft(MSFT)$ $Visa(V)$ $S&P Global(SPGI)$ $MasterCard(MA)$ $MSCI Inc(MSCI)$ $L'Oreal Co.(LRLCY)$ $Constellation Software, Inc.(CNSWF)$ $Amazon.com(AMZN)$ $Costco(COST)$ $Intuit(INTU)$ $Cadence Design(CDNS)$ $Mettler-Toledo(MTD)$ $Moody's(MCO)$ $Texas Instruments(TXN)$ $Technology One(TNE.AU)$ $Paychex(PAYX)$ $Novo-Nordisk A/S(NVO)$ $ASML Holding NV(ASML)$ $FactSet Research(FDS)$ $Automatic Data Processing Inc(ADP)$ $DIASORIN ORD(0GZX.UK)$ $Qualys(QLYS)$ $NVIDIA Corp(NVDA)$ I seek to own less than 25 companies and maintain a 5% spread between my largest and smallest position.

I estimate the future FCF yield in 5 years to factor in FCF growth. QuickFS,http://ROIC.AI andhttp://Stratosphere.IO are all good sources of reliable data.

I think out of my 23 positions, 7 are in Fundsmith. Terry would never own credit rating agencies and semiconductors. I would never own tobacco.

https://twitter.com/long_equity/status/1609959243410546688