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Is the P and M P Equation Changing?
With inflation and interest rates both now rising, i'm just curious, does your play book change to reflect the new environment we're going into? But an excellent question. Etise rising interest rates compresse or depressed multables acasin of net pressent value and all that stuff. No, as i mentioned earlier, you're looking for a minimum of five % yield. I think five i a fine place to start my mamo cam. You mention roku in your book, and their price recently soared up to 480 dollars and is now back down in the eighties as of to day. Is this an example of when we should, as vallue investors, back up the