I've made some changes to my process to try to adderss this, but every single year, without fail, there’s one business that I know we should own - high quality, growing, cheap and with good management that I pass on for whatever reason, that then goes on to do very well. I either can’t get to the work fast enough, I can’t get over one specific risk, or something else. And every year I tell myself I’m going to avoid this mistake again. During 2024/25 it was Despegar. This year it looks like Remitly $RELY.
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