No. of Recommendations: 165
Good morning, Fools, a Happy Thanksiving to all.

I am thankful to each of you for providing a neverending flow of fascinating research. You are helping the world, and each other, to invest — - better. I check in here almost every day, reading quietly, thinking, learning. We have many similar thoughts about business and the markets.

I’ve enjoyed the research into individual companies as well as the thinking on market levels, volatility, portfolio construction, and the like. This single message folder is a shining example of Foolishness — - a perfect reminder of why we started The Motley Fool.

I also enjoy and welcome your criticism. We are not without flaw and never will be. Constructive, thougtful criticism and the push for us to get better helps us. Sometimes, we’re slow to respond. Other times, we act decisively and quickly. I promise you, though, that we are always listening — across Fooldom — to try to make the world better for investors and to introduce more investors to the world.

I have only gotten one unique investment idea from this discussion, for two simple reasons. (1) In some cases, I’ve already been following the business or invested in it and (2) I only have so many recommendations I can make (one each month in Stock Advisor, 5 each quarter in Motley Fool One, and around 25 unique small-cap recommendations in Discovery Rising Stars and Homerun stocks.

I first bought Arista Networks in the Everlasting Portfolio in Motley Fool One in July 2014. I’ve added methodically ever since. We had the pleasure of welcoming Jayhsree Ullal to one of our Fool One member events. I’m going to try to make that interview available to you all here. It was devastatingly convincing. Arista Networks is a 10% position in the Everlasting Portfolio.

I found Talend and Trade Desk in my own research. Then I was delighted to find research references to them here. I think that’s when I began really reading the folder regularly. I particularly believe in Talend (and not simply because the CEO attended my alma mater, woop!). We just interviewed Jeff Green at Trade Desk this past week. I’m going to try to share that transcript here as well. I’m extremely impressed with Jeff; as I told him, when I buy a company whose leaders I believe in, they become my college professors for the years ahead. I expect to learn a lot following Jeff.

So what is the one company I got from you, Saul, and your band of merry Fools? Well, I had one slot left in our 40-company recommendation list in Rising Stars. I had never heard of it. But I began reading here. I dated back and read all the research I could find. I dove through the company filings. I liked what I saw, so as our last investment in the service, I added LGI Homes at $41.80 on August 28th. Thank you all very much for that! Under no circumstances would I have ever found LGIH without all of your help.

I’ve mandated that Bill Mann, Andy Cross, I and our team of analysts hold each of these investments a minimum of five years. I know from reading here that there is healthy disagreement with that. I understand the arguments. Not to stir the pot, but I remain confident that for most investors, letting great businesses (particularly small-caps) compound for years leading into decades is the best way to generate market-thrashing, tax-efficient, business-loving lifetime returns (and the learning rewards are even vaster).

To that end, I offer two companies that I haven’t seen mentioned here (though I may just have missed it). Varonis Systems and Appian. I happen to love them both.

Now I will drift back to the periphery, listening and reading. Thankful to you, Saul, and to everyone here. Your passion for investors is contagious; your insights matter. I hope each of you finds many reasons to be thankful today and this weekend, and I hope we cross paths in the years to come.

Foolishly, Tom
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.