MSCI - MSCI Inc.

Mentioned as a high gross margin (80%) business, fitting the host's profitability filter for quality long-term holdings.

Listed as a low-capex, asset-light company he allocated into after selling Amazon and trimming big-cap-ex names.

Mentioned as a company with 15% annual growth ability and currently attractive because the CEO is buying shares in the open market, described as 'very bullish'.

Bought more after the market hated mixed earnings; expects long-term growth from proprietary data and AI monetization, with valuation back to fair value after five years of consolidation.

The presenter explicitly states he is invested in MSCI rather than S&P Global because of MSCI's better capital allocation and focus on its core business.

Cited as example of insider ownership with CEO Henry Fernandez owning ~3%; aligns management with shareholders.

Second largest position, will print cash if markets continue up, benefiting from AUM growth.

Bought the dip after a meaningful drop; second-largest portfolio holding.

Creator bought the dip after 10% drop, citing strong fundamentals, record margins, aggressive buybacks, and bullish management. Expects 15-20% annual returns.

Strong business with EPS growing ~20%, improving margins, record AUM, and cheap valuation at 23x forward FCF. Concerns about asset-based fees and cost guidance are temporary. Creator plans to buy more after earnings call.