The Misfits: Jack Henry & Associates (JKHY)
The immensely profitable business of being the backbone of banking.
The Money Changer and His Wife, Quentin Matsys, 1514, oil on panel (The Louvre)
The idea for Misfit Alpha was conceived around profiling some of the best investments that don’t get enough media attention or analyst coverage relative to how they have performed.
Jack Henry & Associates was one of the companies that provided the evidence such companies exist.
Sure, it has more analyst coverage than other companies we have explored and will likely cover in the future. But the lack of discussion relative to the long-term returns of this financial processing software company is almost criminal neglect on the part of financial media.
Let’s sink our teeth into one of the greatest wealth creators over the past 35 years.
Shoutout to Koyfin for their data and charts, without which much of the research for this piece wouldn’t be possible. Sign up for Koyfin here and receive 10% off.




