Ferrari's Magic: Why It Keeps Beating Estimates, And Will Continue Doing So

Core Insights - The article emphasizes the importance of long-term growth and dividend growth investing, particularly focusing on profitability as a key driver of gains rather than low valuation [1]. Group 1: Investment Philosophy - The company prioritizes margins, free cash flow stability and growth, and returns on invested capital in its investment strategy [1]. - The approach involves researching stocks within areas of competence and continuously seeking high-quality companies for investment [1]. Group 2: Market Focus - The company monitors both the US and European stock markets to identify undervalued stocks and high-quality dividend-growing companies [1].