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Braden Dennis - Building ⁠Stratosphere.io

The Business Brew

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The Wrong Lessons From an Investment Perspective

I wonder sometimes how much the last 12 years have taught us the wrong lessons from an investment standpoint. But I think the lessons are at least 80% correct. There has not been a price too high to pay for these securities yet, he says. The multiple expansion that we've seen over the past eight to nine years hasn't been completely unjustified in his opinion.

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