Spotify (NYSE: SPOT ) stock has done incredibly well this year, being up over 60% year-to-date. This not only outpaces the S&P 500 (I am an investor and analyst with a strong focus on long-term compounders, high-moat businesses, and structurally growing industries. My core interest lies in identifying durable companies with economic resilience, pricing power, and capital efficiency — the kind of businesses that outperform over time not because of market timing, but because of their intrinsic engine for valu ...