Capitalist Letters

Capitalist Letters

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Capitalist Letters
Capitalist Letters
NuBank: Exceptional Growth, Giant Moat, Fair Price!
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NuBank: Exceptional Growth, Giant Moat, Fair Price!

NuBank is the largest digital bank in the world yet it still has a long runway to grow. And its attractively valued now!

Oguz Erkan's avatar
Oguz Erkan
Dec 15, 2024
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Capitalist Letters
Capitalist Letters
NuBank: Exceptional Growth, Giant Moat, Fair Price!
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This guy is Jim Sinegal.

You may not know him, he is one of the least popular famous guys in the world. However, he exerts disproportionate influence on today’s entrepreneurs.

The guy is the Co-Founder and the legendary CEO of Costco.

  • He always kept low-profile.

  • He always put on his employee badge.

  • He treated Costco employees fairly and equitably.

However, th…

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