"Long termism is a way of being"

This post from Josh Tarasoff of Greenlea lane capital management really resonated for me.

High quality businesses, that enjoy positive feedback loops, and with a high likelihood of a favourable position in the endgame can be insanely profitable when held for many years. Best of all, holding these kind of companies is a lot less work!

https://www.greenlealane.com/essay

Some of the COVID winners have rallied in the last few days... coincidental timing or is it because of the lockdowns in various states?

HelloFresh stock within a few % of its all time high, whilst MMM is still lagging behind. Is this the start of a re-rate? Or just a little bounce... Time will tell.

If Marley Spoon delivers another positive update in July, one can only assume that the share price might get a fair bit of a boost. I believe the stock isn't trading close to its highs reached in the peak of COVID due to investor caution regarding the future growth prospects/one off covid bump, but I am of the opinion that these meal kits seem to be relatively sticky, and present an incredibly large market oppurtunity, especially when compared to some of the other COVID winners which may not stand to grow their toplines at these elevated levels in the future.

Interested to here peoples opinions if they have any!