
Ep 372. S&P 500 is Down 25% YTD, FAANG, Interest Rates, International Stocks, and Other Questions from Twitter
Focused Compounding
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The Cheapest Stock You've Ever Seen in the Market?
jeff: I've seen chit stocks that are theoretically incredibly cheap because Uh, they're frauds and things like that, but things that actually have real value. The cheapest stock you've ever seen in the context around why it was so cheap is a land-based company with someone who isn't interested in liquidating the company or realizing the value. Very hard to access markets. You know, um tiny tiny markets It's even I think in Japan. Sometimes there are things they're locally that trade at absurd Values Like for instance, they might trade 70 or 80 less than the value of their assets.
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