Archive - Concentrated Compounding

2023 Annual Letter

Dear Investors,

Mar 9, 2024 •

March 2023

Some Thoughts on Banks

And a look at First Republic

Mar 20, 2023 •

January 2023

2022 Annual Letter

Dear Investors,

Jan 11, 2023 •

July 2022

Jul 3, 2022 •

April 2022

2021 Annual Letter

To My Investors,

Apr 1, 2022 •

August 2021

My Last Levered Value Investment, I Swear

Aug 26, 2021 •

Finding long-term compounders

Welcome to Concentrated Compounding by me, Willis Cap.

Aug 25, 2021 •

January 2021

2020 Annual Letter

To My Investors,

Jan 5, 2021 •

January 2020

2019 Annual Report

To My Investors,

Jan 3, 2020 •

September 2019

Wells Fargo: Poorly Managed, Still Too Cheap

Wells Fargo, long one of the most respected banks in the US, has had a rough past few years.

Sep 9, 2019 •

Sep 6, 2019 •

April 2019

Magellan Midstream: This Compounder Is On Sale

After my last article on midstream oil and gas companies, many of you reached out to me about what I actually own in the space.

Apr 24, 2019 •

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