JHVEPhoto/iStock Editorial via Getty Images I like the word ‘indolence’. It makes my laziness seem classy. Bernard Williams People like to be lazy and that will never change. A trend throughout our evolution as a civilization is that people want to be lazy if they can and take the easy route. Often this comes with a trade-off; People like to pay for convenience. This is where our journey leads us to Alimentation Couche-Tard ( OTCPK:ANCTF ) (TSX: ATD:CA ) (don’t ask me how to pronounce it, my French is terrible), a leading player in the very fragmented Convenience Industry. The company, which I’ll call by its Canadian Ticker ATD, owns and operates Gas Stations and Convenience Stores in 24 countries. I’ve known about the company for a long time and always knew it was a high-quality business, but I always wrote it off as too big. After finally diving deeper into the company, I realized ample opportunity left. So let’s take a look at the opportunities presented to ATD. A gigantic and fragmented industry ATD operates in the Fuel & Convenience store industry. Below we can see a great graphic from the company’s investor presentation. We can see multiple […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
