Michael Burry's New Bet, Amazon's New Acquisition and Shell's New Emissions Target
The Young Investors Podcast
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Discount a Cashfly - Is That Too Simple?
Philip Town's valuation method is 'a little bit too simple', he says. You can't just put a single number on it, you have to take into account all three factors. He also introduces the concept that you only buy at a 50 % margin of safety. And then the idea is not to just put all your eggs in one basket. It's not at all to rely on this one valuation that gives you one number.
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