The Importance of Invincibility

I don't talk so much about the multiple anymore I talk about the yield and what you're paying for the growth is there's no difference in the way that the portfolio is constructed it's just a difference in the ways that I'm like analyzing the opportunity now. If any of these new criteria that I am imposing on myself have this have been very useful for people in the world, he says. He doesn't care if they shut the stock market for five or ten years here I'm going to be okay yeah I'm. sorry the moment brothers are doing you God I got to go and then there's also cliff-assness has done that.