After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

056: Why Is Prosus Valued Like A Cigar Butt When It Owns 29% of Tencent?

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

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The Half Eaten Piza

i voted for what the board was for, which was asking to authorize more shares. And i hope they're able to do some cool deals and raise the amount of assets we haven't been dealing with when we have debt. I don't like referring to very nice, good companies, like ring energy or sertage, or discovery communications as cigar butts cause in my mind, cigar butts has such a negative connotation. So i've come up with kind of a middle ground term to describe a business, a the half eaten peza. Food's always on my mind. But as far as the podcast goes, we're runing out of time here.

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