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The Coffee Can Investor is a gem of a book that combines good journalism with strong storytelling. It’s an incredible story of two fathers’ love for their children and their desire to leave them a future as big and bright as the Texas sky.
Don’t view The Coffee Can Investor as telling you what to think, but rather as providing an example of how to think. It describes a logical process for stock selection, to be applied through rigorous implementation and ultra-long-term investment in a limited number of holdings. These are exactly the right elements, and for that reason I heartily recommend Neeraj Khemlani’s book to any would-be stock picker. There’s just one more thing, though: the process has to prove out. This one just might!
This is a wonderful and incredibly useful book. When you turn the final page, you will be awed by the wisdom of one modest Kansas City dad, you will learn valuable lessons about how to invest, and you will admire Neeraj Khemlani for vividly sharing this tale.
A fascinating approach to growing wealth through the stories of companies that are expected to achieve outsized investment returns. Financial analysis and storytelling make this a must read for investors.

Picture (from left to right): Maury, Peyton, Morgan, Pierce and Matt Ankrum.
What would happen if you bought a handful of stocks and then left them alone for some time, like stashing valuables in a coffee can? If you picked the right ones, you might wake up one day with life-changing wealth.
Neeraj Khemlani introduces readers to this investing philosophy through the eye-opening story of a portfolio manager who has put it into practice. Matt Ankrum researched 100-baggers—stocks that have multiplied in value a hundred times over multiple decades—looking for what they have in common. Drawing on these clues, he hunts down and buys shares in what he thinks are tomorrow’s breakout companies, planning to gift his three girls a coffee can portfolio that could someday be worth half a billion dollars.
The Coffee Can Investor shares Ankrum’s process for identifying companies that can stand the test of time, as well as his stock picks. It explores the principles of long-term investing, emphasizing the power of compounding and why it pays to be patient. This book details the qualitative and quantitative aspects of 100-baggers, revealing that a surprising share are business-to-business companies, not just the business-to-consumer companies that typically grab headlines. Khemlani also recounts his and his wife's decision to make a coffee can of investments for their kids.
Engaging and fast-paced, this book is for anyone who wants to invest in enduring companies for the long term.

Neeraj Khemlani is the author of The Coffee Can Investor: A Stock-Picker’s Journey to Build Generational Wealth (Columbia, 2026). He is a veteran media executive and the former president and cohead of CBS News and Stations. He has also served in senior roles at Hearst and Yahoo! News and Finance, and has produced award-winning stories for 60 Minutes and ABC News.
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