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Value After Hours 03 46: Crashless Generation; Value Spread; Heart Disease, Stress and Cortisol

The Acquirers Podcast

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I'm Not Going to Pay a Heroic Multiple So I Can Own Good Businesses

At the peak when i a k k was at a hundred and 56 bux, i thought the expected return there, across the portfolio, was a little bit north of four %. And now it's like a lat on the zoo, meaning assuming no compression in the multiples. A good business is not trading at eight or ten. I'm just not going to pay a heroic multiple so i can own good businesses.

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