Core Insights - Copart (NASDAQ: CPRT) operates in a virtual duopoly in the US, showcasing strong compounding characteristics and attractive returns on equity [1] Company Overview - Copart is recognized for its "moaty" characteristics, indicating a strong competitive advantage in the market [1] - The company is experiencing significant international expansion, which is contributing to its growth [1] Investment Perspective - The company has a beneficial long position in its shares, indicating confidence in its future performance [2]