IPH #90: Coupang Rescues Farfetch; Buying Quality At a Reasonable Price; Selling Winners Early
Chit Chat Stocks
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Analyzing the Impact of Paying a Higher Multiple for Stocks
The speakers analyze the impact of paying a higher multiple for a stock using Visa as an example. They emphasize the need to consider multiple expansion in overall returns and caution against relying on future multiple expansion.
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Transcript
