"I like having a really high bar because otherwise we'll never find these really rare, highly. growth-like companies," he says. "What I enjoy about us talking about compounders specifically is that it's reminding me that that's what's to look for." He adds: "We're coming from a place of business ownership ... That's what we want to think about".
Once in a blue moon, you might find yourself in a peculiar situation with regards to your investing journey. During the course of your research, you find a company with an eye-catching price tag and little to no fanfare. Then comes the important question: are you ahead of the curve, or is this deal too good to be true?
To examine this potential investment, it’s important to be equipped with the proper tools to complete a proper analysis. From reviewing time frames and understanding operations to gauging wider interest, gaining a comprehensive understanding of a company’s valuation is key in making wise purchases.
Join Phil and Danielle as they continue to follow a thread that was sparked by a discussion of helmets, but has since evolved into a lesson on why a seemingly great bargain might not be worth the risk.
If the idea of learning from some of the world’s most successful financial mentors appeals to you, click here to get your free copy of The Best Investors in the World: https://bit.ly/4129j5R
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