Another great read Suthen! Curious to know what your thoughts are on the prospects of Constellation using Buffett's favoured characteristics in an inflationary environment. I makes sense that with many of the VMS businesses there is a captive customer base from which prices can be moved up without people leaving too quickly or complain too loudly, but how does Constellation fit into the second characteristic? Especially in light of the fact that Constellation's growth is likely going to come from acquisitions going forward, and that competition will (or already has) "become fierce" as more and more groups/people/PE open their check books and start signing. Welcome your thoughts on that and whatever you can share! Happy reader and please keep on!
Another great read Suthen! Curious to know what your thoughts are on the prospects of Constellation using Buffett's favoured characteristics in an inflationary environment. I makes sense that with many of the VMS businesses there is a captive customer base from which prices can be moved up without people leaving too quickly or complain too loudly, but how does Constellation fit into the second characteristic? Especially in light of the fact that Constellation's growth is likely going to come from acquisitions going forward, and that competition will (or already has) "become fierce" as more and more groups/people/PE open their check books and start signing. Welcome your thoughts on that and whatever you can share! Happy reader and please keep on!