2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP389: Buffett's Core Principles w/ Dev Kantesaria

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Are Fangstocks Too Big or Can't Last Forever?

We have generally shied away from fangstocks because of a lot of poor behavior. We don't like dual class structures where the ceo is anointed for life. The business models are so good that organic growth has more than covered for these sins. And i couldn't argue with anyone that wanted to own a basket of fang stocks to day. I think on a riskward basis, they will out perform.

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