Today’s post is part of a broader discussion about scale advantages: when they apply and to what degree. I’m addressing this topic in the context of rolled-up entities because, in my experience, it is here that scale advantages seem far too liberally promoted, even if they do sometimes apply with awesome effect. This write-up was […]
Category Archives: [FSV] FirstService
[MA] Mastercard [V] Visa
[V, MA] The more things change, the more they stay the same
Upcoming posts (in no particular order): Gartner, Tractor Supply, Transdigm, Waystar, CCC, Fortive, and Veralto [...]
Continue reading →scuttleslops
[scuttleslops] BKNG, ABNB, SHOP, LPX, TREX, XYZ
What are scuttleslops? Booking Holdings, Q2 ‘26 Earnings Call, August 04, 2026 Room nights grew [...]
Continue reading →scuttleslops
[scuttleslops] UMG, SPOT, SAIA, XPO, ICE, CBOE
What are scuttleslops? Universal Music Group, Q2 ‘26 Earnings Call, July 30, 2026 Universal Music [...]
Continue reading →scuttleslops
[scuttleslops] BLDR, RYAN, APG, GFL, FND
What are scuttleslops? Builders FirstSource, Q2 ‘26 Earnings Call, July 30, 2026 Builders FirstSource described [...]
Continue reading →[OTCM] OTC Markets
[OTCM] Listings for the rest of us
Upcoming posts (in no particular order): Gartner, Visa/Mastercard, Tractor Supply, Waystar, CCC, and Fortive As [...]
Continue reading →