According to @QCompounding, Tom Murphy sold Capital Cities to Disney in 1995 for 19 billion dollars after delivering nearly 20 percent annualized returns over twenty-nine years, underscoring that disciplined management, not sheer size, drives long-term performance; source: @QCompounding. For traders across equities and crypto, the takeaway is to prioritize governance quality and capital allocation discipline over scale when targeting durable compounding; source: @QCompounding.

According to @QCompounding, Tom Murphy repurchased large amounts of Capital Cities stock at cheap valuations during market downturns and treated buybacks as investments that became a major source of shareholder returns, citing The Outsiders by William Thorndike as the source. Thorndike documents that disciplined repurchases at undervalued prices increased per-share value and compounded long-term results for Capital Cities and later Capital Cities/ABC shareholders, per The Outsiders by William Thorndike. For trading, monitoring companies that reduce share count and disclose repurchase activity in monthly detail can identify similar capital allocation discipline, per U.S. SEC Regulation S-K Item 703 disclosure requirements. In crypto, supply-reduction mechanics offer a comparable framework through BNB’s quarterly auto-burn that permanently removes BNB from circulation, per Binance’s BNB Auto-Burn methodology. Ethereum’s EIP-1559 burns base fees and has at times resulted in net ETH supply decreases during periods of high network activity, per Ethereum Foundation resources on EIP-1559. During broad drawdowns, screens that prioritize undervaluation and net reduction of float align with Murphy’s playbook and can inform equity and token selection, per @QCompounding’s summary and Thorndike’s The Outsiders.