055: Why I Bought Prosus and Naspers + Alibaba Charlie Munger Update + Ring Energy Update
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
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I Don't Have the Confidence Level in My Knowledge of Ten Cents
"I'm going to keep my steak at a six o ceve % bet. Im going to put it in the coffee can, and i'm going to forget about it," he says of Nasper's situation. "If a ten cent continues to get more more valuable, and either their price doesn't go up, and or the price of naspers and process don't go up,. then i could make a larger bet on them." He adds: "That's where i'm leaving it right now... That's where i'll be watching it".
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