Author Archives: Variant Views

About Variant Views

Two university students trying to find investment ideas in idiosyncratic ways.

Trupanion – a long-term compounder!

Overview Trupanion provides medical insurance for dogs and cats. The company issued its first policy 20 years ago in British Columbia, Canada and entered the US market 10 years ago. TRUP quickly rose to become the second largest insurer in … Continue reading

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Baidu – A hidden gem!

All figures are in USD NASDAQ: BIDU Baidu is the┬ádominant search engine in China with 80% market share, 50% operating margin trading at 12x TTM FCF with a top line growth rate of 40%-50% and 300% return on capital[1] Under-monetized … Continue reading

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