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Ep 355. Market Update, Omaha Trip, Activision Arb, and Thoughts On Elon Musk Buying Twitter

Focused Compounding

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Price to Book - I Don't Care if Earnings Go Down

It may be at this point that un you know, starting to be priceding a little bit more. But of course, it wouldn't be at a five p or whatever, unless everyone thought earnings were going to drop. U and ivan said, just looking at price to loans, including leverage, but price to book, one point what a we at one point three. And the ten year average return on equity 16%. Pretty rearly good priceome that way.

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