Copart: The Investment Case For The Junkyard Dog Compounder (NASDAQ:CPRT)

Group 1 - The focus is on identifying businesses with strong cash generation capabilities and competitive advantages that are likely to endure for the next decade [1] - The target annualized return is set at a minimum of 15 percent, with an interest in companies that are deeply discounted from their asset base, provided they are highly marketable [1] - There is an openness to considering takeover targets, as long as the underlying business remains strong enough to hold independently [1] Group 2 - The individual has achieved an annualized time-weighted return of approximately 16 percent over the past three years and aims to continue outperforming this benchmark [1]