MI241: The Acquirer’s Multiple Strategy w/ Tobias Carlisle
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Is Facebook Really a Good Business?
A lot of these companies, they were above market average for return on invested capital. It just makes me wonder if those are an example where now we're in the mean reversion cycle. I think that the secret is survival. If you survived through a period of time, then the upside tends to take care of itself. In every single business that I look at, there are intellers, another one. But there may be a generation behind all the other chips that are out there and they may never catch up. So that might be fatal for Intel.
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