Speedwell Research LLC

Valuation isn’t just a concept—it’s the difference between investing and gambling. In this video we cover: ?? How Investors put a Price on a Stock—Without Guessing ?? Where a Company's Cash Really goes (and Why it Matters) ?? What is "Valuation"? ??Link?? https://lnkd.in/gkGA8hf7

??? The more businesses we follow , the more key lessons we can extrapolate. What lessons does a flooring retailer and capital-light home builder offer? ?? How Dream Finders Homes decentralized operating model allows fast expansion (similar to Constellation Software) ?? Why use ROE over ROIC ?? Differences in Decisions between Founder Operator vs Manager via Floor & Decor We also provide a business update on both $DFH and $FND! ?? Link?? https://lnkd.in/gdm8KZy5

Great businesses do 3 things. Most fail at least one. ? Airlines & dating apps? Fail Step 2. ? General Electric & frozen yogurt shops? Fail Step 3. ? Costco & Copart? They master all three. Capitalism is brutal—unless you know what sets great businesses apart. ?? ?? https://lnkd.in/gh4ZXEu6

Deep research doesn't just teach you about new investments, but also how run a business. Axon Founder Rick Smith has a lot of insight into how to balance innovation with reiteration.

From failed product to platform, Axon’s story is packed with powerful lessons in innovation, leadership, and scaling a business. Founder Rick Smith took a failed concept—the TASER—and not only created a succesful business around it, but made it become a mainstay of policing. Not content to just reinvent how policing worked in the field, Axon pushed into other critical areas of law enforcement like officer video, cloud-based data management, and vertical software. A 1,000x return since going public in 2001, Axon is one of the highest returning stocks of all time. But more interesting than the investment returns, is all of the lessons we can learn from Billionaire Founder Rick Smith. ?? Listen to our 3 hour podcast that covers all things Axon below! ?? https://lnkd.in/gfchBCzE

Too many investors look for shortcuts—trusting financial gurus, chasing tips, and following "proven" strategies. But the harsh truth: No one cares about your money as much as you do. Before you trust, understand the cost. And more importantly, learn what to do instead. ?? Below ?? https://lnkd.in/gxxa-dnZ

How did a real estate data firm thrive through the worst real estate crash in modern history? In 2008, the market was in freefall. Brokers watched their incomes plummet. Deals evaporated up. Firms collapsed. And yet, CoStar Group's CFO wasn't worried: ?? ~ ?? "If those brokers are at Company A or Company B, they still use our products. If their income drops 30%, they still use our products. When they’re making no money, they still use our products. When they go bankrupt, they still use our products." ?? ~ ?? That’s not just resilience—it’s obsession-level product dependence. How did CoStar build something so essential that even bankrupt customers kept paying? ??Read below to understand how CoStar became indispensable ?? https://lnkd.in/etmrDB4u

My favorite interview question at Capital Group and Goldman Sachs was super simple. But so few could answer it. "What is Investing?" ?? Answer below ??

The majority of restaurants go bankrupt in their first year of business. Margins are slim at best. Labor costs are brutal. ??? In our latest podcast, we talk to Philz Coffee Cofounder Jacob Jaber who talks about how he went from a single counter in a bodega to 75 locations! Learn about: ?? Creating the "Right" Friction ?? Forgoing the Wrong Sales ?? Raising Capital & Store Economics ?? Scaling Culture All this and more in our latest episode of The Synopsis Podcast. ?? Listen Spotify ?? https://lnkd.in/gUTXPfbg ?? Listen Apple ?? https://lnkd.in/gX6BxYD4

Copart is a business that tends to do well in all enviroments. Bad macro? Used car prices drop and they sell more vehicles. Good macro? ASPs increase and their profit per unit increases. Supply chain issues? Repair costs increase and more cars are totaled. Volumes go up. Fewer new cars means used prices go up and ASPs increase. Helps explain their incredible 15% revenue CAGR since 2015. Read our latest update on Copart here ?? https://lnkd.in/g_ErxGpi