Carter Johnson

Manager of MCJ Capital Partners | Focus on Quality Small Companies & Serial Acquirers | Fan of Micro Econ History

*Nothing is Investment Advice*

[Carter Johnson @CarterJohnson23]

Really enjoyed being on the “Investing by the Books” show.

Had a great time chatting Henry Singleton and the history of Teledyne.

[Investing by the Books Podcast @IB_Redeye]

Want to know how Henry Singleton took Teledyne from $58,000 to $392,000,000 in net income over 27 years?

Together with Carter Johnson, we dive deep into the methods used by Singleton and try to pinpoint what enabled this incredible success story.

1/3

[Bobby Kraft @BobbyKKraft]

[NEW PODCAST] https://t.co/pYZjX3w0B2, inc. $KSI.TO $KSIOF: Enables Highly Regulated Industries to Streamline and Automate Validation Processes | Due Diligence Series Interview with Eddie Ryan (Co-Founder & CEO) #MicroCap #Investing #Education @Kn@KneatSoftware

YouTube: https://t.co/9hMe8tF75l

Apple: https://t.co/6yUc3wL0sR

Substack: https://t.co/yVJ80ZMao7

[Adam J. Mead (Watchlist Investing) @BRK_Student]

Come hang out with us!

[Finding Compounders @F_Compounders]

Henry Singelton really is one of the greatest business minds to ever exist .

[Carter Johnson @CarterJohnson23]

Happy 4th of July 🇺🇸🎆

As an adult, the 4th has quickly become my favorite holiday.

Brings back that nostalgia of endless summer nights and careless fun as a kid.

[Carter Johnson @CarterJohnson23]

@ihprimary_ap @IHSchools 👏🏼 👏🏼 👏🏼 nice work Andy! Makes me excited and hopeful to know kids are going to benefit from your impact.

[🥦 Jake Taylor 🎉 @farnamjake1]

"I am trying to emulate my great-grandfather. When he died, they said about him, 'Nobody envied the success, so fairly won and wisely used.'"
-- Charlie Munger, RIP

[Carter Johnson @CarterJohnson23]

RIP to one of the greats… here’s to trying to live a life rationally.

Thanks Charlie for the wisdom, laughs, and example of how to live in a world where it’s so easy to get lost.

[Carter Johnson @CarterJohnson23]

@IB_Redeye The Practicing Mind by Thomas Sterner. One of those I pull off the shelf at least once a year to revisit.

[Carter Johnson @CarterJohnson23]

Always great to hear @BRK_Student thoughts on a business.

[Business Breakdowns @bizbreakdowns]

@ReustleMatt You can listen to the episode here.

https://t.co/vIxH5tXafc

[Carter Johnson @CarterJohnson23]

@patrick_oshag I’d agree with southwest Ireland - absolutely magical.

[Carter Johnson @CarterJohnson23]

Checking the Blue Dollar arb while passing through the airport.

When I asked for the spot Rate on the Argentina Peso the Western Union lady kindly said with a smile… “We’re not buying but we’ll sell you as much as you want if you need it.”

[Carter Johnson @CarterJohnson23]

This is one of the most entertaining threads I’ve stumbled across in a long time.

All Ramit is saying is run the numbers. And yet based on the comments, that doesn’t sit well with some folks…

[Ramit Sethi @ramit]

Many people don’t realize the hidden fees involved in buying a house

I call these PHANTOM COSTS

They see this:
- 2-bedroom house for $1600 rent
- 2-bedroom house for $1600 mortgage

And think: “Same price? I should build equity!”

[Carter Johnson @CarterJohnson23]

@BRK_Student I Chrono the date. Also have been working harder to log in Zotero and cross reference in Obsidian for connecting further thoughts.

[Carter Johnson @CarterJohnson23]

@CJ0pp3l Oh yea. Southwest Ireland coast is a magical place on earth. Great people, great pubs, great scenery.

[Carter Johnson @CarterJohnson23]

Pretty interesting talk about what’s at stake with the AI race

https://t.co/1bmadbt5te

[Carter Johnson @CarterJohnson23]

$KUT.V

[Neel Parekh @NeelBParekh]

5/ ProShred Security

There’s nothing more boring than shredding paper.

Basically, tons of companies are required by local, state, and federal governments to keep paper documentation on sight for ~5-7 years.

[Leandro @Invesquotes]

Find a good company in a good industry where management talks like this about capital allocation and sit tight

$CPRT

[Carter Johnson @CarterJohnson23]

Great work as always @NiklasSavas

[Niklas Sävås @NiklasSavas]

Put all your other tasks on hold. Our latest quarterly update on serial acquirers is out! https://t.co/VdnMZdlWz8

[Elevator Pitches @eIevatorpitches]

First up, MCJ Capital Partners @CarterJohnson23 has a wonderful look at the distributors.

Why has this group of companies delivered such fantastic stock returns?

Are the reasons why still in place?