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Ep 387. Bank Stock Sell-Offs, Higher Interest Rates, and JetBlue + Spirit Airlines Merger Arbitrage

Focused Compounding

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Stock Based Compensation and Free Cash Flow

The stock based compensation thing is a sham and how companies sort of manipulate the whole thing so it doesn't show up in their earnings. Companies like Amazon if they didn't issue stock would be obviously having much better results. The amount of shares is going to go up or down over time, that's a constant lag in your Investment results. If you really Just wanted the dividend you should sell the stock because if it's so overvalued why are you holding it?

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