Shopify: The Retail Operating System Is A Multi-Decade Flywheel Story

Shopify's Stock Performance - Shopify's stock has increased nearly 4x since its October 2022 lows, making it one of the most successful recovery stories following the 2022 stock market selloff [1] Investment Strategy - The investment strategy focuses on companies with perfect qualitative attributes, buying them at attractive prices based on fundamentals, and holding them forever [2] - The portfolio is concentrated to avoid losers and maximize exposure to big winners, often rating great companies as 'Hold' if their growth opportunity is below the threshold or downside risk is too high [2] Analyst Background - The analyst is an MBA graduate with an L L B in law and works as a financial analyst at a large pension fund [2] - The analyst aims to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates [2] Analyst's Position - The analyst has a beneficial long position in Shopify shares through stock ownership, options, or other derivatives [3]