Mark Leonard
11 posts
Mark Leonard: Raise the Bar: How Hurdle Rates Drive Profitable InvestmentsIn his 2017 Presidents Letter, Mark Leonard Emphasis discussed maintaining investment discipline and sound decision-making through data-driven approaches. Using historical data …
Mark Leonard: The Importance Of Keeping Your Share Price Within A Certain RangeIn his 2011 President’s Letter, Mark Leonard discussed the importance of keeping your share price within a certain range. Here’s an excerpt from the letter: Moving on to the “ma…- Mark Leonard: Opportunities In Businesses That Have An “Earned Secret”In his recent letter to prospective entrepreneurs, Mark Leonard discusses the opportunities in businesses with an “earned secret”. Here’s an excerpt from the letter: I tell this…
- Mark Leonard: Great Management – You Don’t Need To Find The Reincarnation Of Peter Drucker On Roller SkatesCSI recently released a document titled – Selected Investor Questions Received Through September 17, in which CFO Jamal Baksh and Mark Leonard respond to selected investor quest…
- Mark Leonard: Opportunities – Bring Out Your Sick, Your Tired, Your Ill, And We’ll Have A LookDuring his latest Annual General Meeting, Constellation’s Mark Leonard discussed how he goes about finding opportunities in which to invest. Here’s some excerpts from the call: …
- Mark Leonard: Good Companies Are Not Always Great StocksIn his 2015 Shareholder Letter, Constellation’s Mark Leonard provided a great illustration, using (JKHY) Jack Henry & Associates Inc, of why good companies are not always great …
- Mark Leonard: From Bouncer And Grave Digger To Investing GuruIn this rare interview on The Harris Podcast, CSI boss Mark Leonard discusses his life before CSI and some of the jobs he did which including masonry, bouncing, and grave diggin…
- Mark Leonard: How About A Thought ExperimentIn his 2015 letter to shareholders, Mark Leonard posed the following thought experiment: How about a thought experiment? Assume attractive return opportunities are scarce and th…
- Mark Leonard: It’s Time To Lower Hurdle RatesIn his latest letter to shareholders, Mark Leonard has converted from his long held philosophy to maintain his current hurdle rates which means he can now invest all of the cash…
- Mark Leonard: Dealing With Potential Investments That Don’t Quite Meet Your Hurdle RateIn the 2017 Constellation Software President’s Letter, Mark Leonard discussed his process for dealing with potential investments that don’t quite meet their hurdle rate. Here’s …
- Mark Leonard: Founder Businesses & Distressed Assets Make Great AcquisitionsIn his 2012 Shareholder Letter, Constellation Software President Mark Leonard explained why founder businesses and distressed assets make great acquisitions saying: Our favourit…