PayPal · payments
wonderful · 85
no moat
Value$76.32
Price$54.96
MoS
+38.9%
Model unavailable; showing baseline owner-earnings value.
Wonderful businesses at a margin of safety
2026-09-07
14fat pitches
200on watchlist
7/22cleared gate today
101%universe scanned
4.8%risk-free
Fat pitch of the day
glm-5.2
ACGL Arch Capital Group
Best-in-class specialty underwriter compounding float at high returns, bought at a discount.
BUY
wonderful · 81
narrow moat
insurance
Owner-earnings value$129.84
Price$98.10
Margin of safety
+32.4%
Arch Capital is a Bermuda-based specialty insurer and reinsurer that makes money two ways: underwriting profits from disciplined niche P&C, reinsurance, and mortgage insurance lines, and investment income earned on the large pool of float (policyholder premiums held before claims are paid). Roughly a third of earnings come from mortgage insurance, with the rest split across insurance and reinsurance.
Full moat, owner-earnings & quality breakdown →Today's wonderful businesses · 2 deep-dived of 22 scanned
Watchlist · 200 wonderful businesses · 14 at a margin of safety
The quality gate has scanned 508 of 503 names; these are the ones worth owning at the right price. See the full watchlist →
| Ticker | Sector | Quality | Moat | Price | Value | Margin of safety | Rating |
|---|---|---|---|---|---|---|---|
| LULU | apparel | wonderful · 95 | no moat | $100.61 | $169.80 | +68.8% | HOLD |
| IT | software | wonderful · 94 | wide moat | $186.42 | $267.09 | +43.3% | STRONG BUY |
| ZTS | pharma | wonderful · 90 | no moat | $75.81 | $108.02 | +42.5% | HOLD |
| PYPL | payments | wonderful · 85 | no moat | $54.96 | $76.32 | +38.9% | HOLD |
| NVR | retail | wonderful · 88 | narrow moat | $6,298.85 | $8,715.45 | +38.4% | HOLD |
| DECK | apparel | wonderful · 97 | narrow moat | $85.81 | $113.73 | +32.5% | HOLD |
| CTSH | software | wonderful · 81 | narrow moat | $62.31 | $82.52 | +32.4% | BUY |
| ACGL | insurance | wonderful · 81 | narrow moat | $98.10 | $129.84 | +32.4% | BUY |
| GDDY | technology | wonderful · 82 | no moat | $101.31 | $132.44 | +30.7% | HOLD |
| UHS | healthcare | good · 69 | no moat | $169.65 | $218.86 | +29.0% | HOLD |
| ACN | software | wonderful · 89 | wide moat | $186.72 | $238.59 | +27.8% | HOLD |
| VLO | energy | good · 73 | no moat | $370.72 | $465.45 | +25.6% | HOLD |
| CF | materials | wonderful · 85 | narrow moat | $133.35 | $166.44 | +24.8% | BUY |
| PTC | software | good · 72 | no moat | $141.02 | $175.01 | +24.1% | HOLD |
| SOLV | healthcare | good · 73 | narrow moat | $91.69 | $109.55 | +19.5% | HOLD |
| ADBE | software | wonderful · 96 | wide moat | $266.51 | $315.78 | +18.5% | HOLD |
| MPC | energy | good · 75 | no moat | $388.90 | $459.10 | +18.1% | HOLD |
| INTU | software | good · 79 | wide moat | $332.70 | $387.82 | +16.6% | HOLD |
| PNR | industrial | good · 75 | $60.21 | $66.25 | +10.0% | HOLD | |
| BR | industrial | good · 75 | wide moat | $172.88 | $190.08 | +10.0% | HOLD |