Power Compounders and Transformers

The idea

I believe the biggest gains come from owning companies that get structurally more powerful over time, not just more profitable, the ones sitting in the money flow, running the app store, or building network effects that compound. The core holds proven toll collectors and platforms, weighted heaviest, while a smaller sleeve bets on companies mid-transformation that the market still prices like their older, weaker business. I keep a cash buffer, avoid any single name becoming a huge bet, and plan to hold for years.