Ep 349. Q&A: Illiquid Stocks, Deep Value, Underrated Industries, BNPL, & Moats in Big Tech
Focused Compounding
00:00
Is Hedging a Good Strategy?
Hedging is a lot about smoothing out rturns and stuffing tat. We try to find things that the really big risks are different. Under what circumstances, if any, would you invest in a company that has yet to attain gap or i f r s profitability? I can't think of anything. Usually we have both free casha and reported profits.
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