Tyler Technologies, Portfolio Change

I have published 61 Deep Dives over the last five years. Obviously, that’s a lot to keep track for one person. However, given that I already spent a month studying each of these businesses, it usually doesn’t take too long for me to get up to speed on a company that I already did a Deep Dive on sometime in the last five years. While I still read the entire earnings transcripts for almost all companies I own in my portfolio, for companies I am tangentially interested in I mostly resort to AI these days to quickly go through the key takeaways from their earnings calls since I last looked at the company. Nonetheless, even with AI and all, I still need to pick and choose whether to spend more time on a particular company or if a stock is now sufficiently attractive.

I want to discuss one of my processes to quickly decide whether I should spend more time on a particular company that I already studied before. The company I will use as an example to explain this process is Tyler Technologies on which I published a Deep Dive back in May, 2023.

Let me explain it as well as my most recent portfolio change behind the paywall.

In addition to "Daily Dose" (yes, DAILY) like this, MBI Deep Dives publishes one Deep Dive on a publicly listed company every month. You can find all the 61 Deep Dives here.