InPost: Deeply Discounted Industry Leader

Industry leader growing revenues +30% annually. It benefits from strong network effects and economies of scale. Yet, it's trading at just 13 times forward earnings.

I have said this many times, and I’ll say it again here—the most critical skill to succeed in investing is pattern recognition.

This should be intuitive to everybody.

Successful companies tend to have some similar characteristics; companies that successfully complete their high-growth era and come to dominate their niches have some common properties; fail…