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MSCI: Passive Investing’s Big Winner?
October 26, 2025 | If you’ve ever owned an international index fund, there’s a good chance you’ve quietly been paying MSCI. Not directly, but through the fund’s expense ratio, the asset manager kicks a sliver of those fees back to MSCI for the right to track its benchmark, which are the gold-standard metrics for measuring many aspects of financial markets globally.
Copart: The 100-Bagger Junkyard
October 19, 2025 | Do you know the narrative that boring companies make the best investments? Copart is one of the best examples of that. Actually, it’s almost a 400-bagger since its IPO.
FICO: The Algo Behind America’s Credit
October 12, 2025 | This is the story behind that three-digit number that can determine which credit cards you’re approved for and the interest rate on your mortgage, as well as the wide-moated ‘tollbooth’ business that charges a tiny fee each time your credit rating is passed on.
