
Finding Diamonds in the 'Scrap Heap'
Stansberry Investor Hour
The Sas Bubble
Sas is part of the market that these kind of more inexperienced investors or speculators, or whatever, y kind of really drove out of control. I'm in like, i don't know, call it the jeremy grantham camp. It's like in a massive bon bubble, five thousand year low yields, and a massive equity bubble with stocks,. by the measures, that have most negatively correlated with subsequent ten and 12 year returns. Ah, you know, just the most expensive moment in all recorded history. And there are reasons, maybe, why there are a lot of businesses, like sass companies that are highly capital efficient.
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