2min chapter

The Compound and Friends cover image

No pivot!

The Compound and Friends

CHAPTER

Apple's Market Cap Is Bigger Than Meta Amazon and Alpha

Apple's market cap is bigger now than meta Amazon and alphabet combined. The consumer staples or like the steady cash flow elements of this economy are not actually pricing in where interest rates are going, he says. "If you actually believe that the cost of capital will stay there ... how can you justify equity valuations"

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