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April 2023 Mailbag: The Kids Are Alright
Rule Breaker Investing
Planet Fitness and Exponential
Sami: Exponential is a small, almost a micro cap stock. Planet Fitness itself is a relatively small upstart in the grander scheme of this whole industry. Sami: I can argue it is trading still around 34 times 2023 earnings and on its current valuation is it is overvalued. But it's still, I'm very comfortable playing a premium for the business.
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