About the author

I think that some of the biggest multibaggers, companies that go 50x, 100x, sometimes even 1,000x, can look very different on the surface. But there are also simple frameworks that help spot them early.

One of the easiest frameworks is cannibals.

These are companies that aggressively buy back their own shares. Typically, they pay no dividends. Instead, they plow back close to 100% of their cash flow, and sometimes even more than 100%, into buybacks.

And something very unusual, almost magical, and genuinely nonlinear happens when you keep doing buybacks at that pace over a few decades.

My name is Sandro Marinkovic. I was born in Bosnia and Herzegovina and moved to Germany in 2013. I became obsessed with studying Buffett and Munger and closely observing how they think.

My background is security studies, which shaped how I think about risk. I build positions with downside first and I only swing hard when the odds are skewed.

I am also the author of “How to Invest in Stocks”, a book translated into six languages.

Important note

This is not financial advice. I share my personal research and opinions. Do your own work before making any investment decisions.

I will never discuss companies I’m involved with professionally.

Cheers, Sandro