How Do You Have Your Cake and Eat It Too?

The price you pay matters, i e, the multiple. And over long term, it's much more about the actual internal returns that the business generates. So trying to find companies that are what peter talk about, fast growers and slow growing industries. Let's try a alphabet. Why did they change their name to alphabet flake face buk? They want to be more like a holding company than vest ind all these others. That is one possible reason. The other possible reason is, of course, a regulatory ah, so if you're a regulated company that might have negative perceptions tot your company. But a, ye, i think it was a holding company thing that they wanted to