Research Process

  • In addition to company fundamentals, our research focuses on the competitive dynamics of industries and their market structures.
  • Companies with dominant positions in their market segment and exhibiting superior return of capital are high on our list.

Earnings Per Share*

 
2000
2019
Tollbooth Strategy
$44.43
$701.10
S&P 500 Index
$56.13
$161.22
*2000-2019