TIP738: Heico: The Quiet Aerospace Compounder
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You're listening to TIP. Pyco is one of those companies that does not make the headlines often. But when you look under the surface You realize it's one of the greatest compounders over the past few decades. Since the Mendelssohn family took control in 1990,
Shares have compounded at an astounding 22% per annum. A$10,000 investment back then would be worth over$9 million today. At first glance, you might assume that a company supplying aerospace replacement parts would be slow growing or unexciting.
But Heiko's story flips that narrative on its head. It's an excellent case study on one of the most strongest modes I've ever studied. Thoughtful capital allocation in the power of long-term thinking. In this episode, I'll break down how Heiko built its competitive mo.
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