Ulta Beauty: What do you think about Berkshire’s short holding period (ULTA)?

I have always enjoyed the concepts of value creation and business management, allowing me to explore potential investments at an academic and strategic level. My investment ideas are presented from two sides. The most important thing is financial performance and the second most important thing is valuation. In my opinion, if a company fails to meet certain financial criteria, its valuation may only be meaningful if, at best, it invests in senior notes or, at worst, is purely speculative. I focus on return on invested capital (ROIC) and classify potential investments as long-term/indefinite, intermediate-term, or value traps. 1) Long-term/indefinite: ROIC of 9% or more, intrinsic value may increase 2) Medium-term: ROIC of 6-9%, intrinsic value may be maintained. 3) Value trap: ROIC is less than 6% and cost of capital cannot be met My investment philosophy is Warren Buffett’s focus on long-term moats and value creation, while expanding to include potential growth opportunities through Peter Lynch’s approach. It comes from doing it. Essentially, I am a long-term investor looking to purchase value opportunities at a 30% discount to intrinsic value with the potential to earn an adjusted return on equity (ROE) of 9% or more on the equity value per share paid. Upon purchase. I believe growth is always a subjective variable, but it can be estimated by multiplying retained earnings by the company’s return on equity, taking into account volatility over the past 10 years. Disclaimer: The information and data presented in my article were obtained from company documents. and/or sources believed to be reliable have not been independently verified. This material is only general information for your convenience and should not be construed as investment advice under any circumstances. I advise readers to conduct independent research to form their own independent opinion or consult a qualified investment advisor before making any investment decision. I expressly disclaim any and all liability that may arise from investment decisions based on my articles.