3min chapter

Animal Spirits Podcast cover image

Talk Your Book: Managing Risk Like an Actuary

Animal Spirits Podcast

CHAPTER

How Does a Company Grow Like Amazon?

A company like amazon that's grown over any base line that you could have seen for a company in the past, is still fairly valued. That boggles the mind that a company so giant can still be valued fairly relative to its underlying fundamentals. Have we ever seen companies of this size grow this quickly? It's not saying it's underpriced. Anky says apple consistently delivers the growth implied in that stock price. The lower the probability, the more we want over, the lower the risk of failure. Member, low probablity, low risk of failure, so that we own more.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode