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Next Compounding Beast? Constellation Software Spinoff Topicus
I discuss the recent earnings and future potential of company Topicus, a serial acquirer of small software companies. It's a spin-off from the much larger Constellation Software, which was founded and is led by superb capital allocator Mark Leonard. Will Topicus be able to compound at a similar rate to how Constellation Software has for well over two decades? See below timestamps:
00:00 Topicus investment thesis in relation to Constellation Software
01:36 Topicus earnings: cash flow more than doubles!
03:54 Stock price performance and potential - 10x or more?
06:03 Topicus Q3 2023 Headline…
The skinny
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