Ep 400. Where Does Your Return Come From: Yield, Growth, and Multiple Expansion, and the Difference Between Speculation and Investing
Focused Compounding
00:00
Multiple Contraction and the Impact on Investment Returns
The speakers discuss the concept of multiple contraction and its effect on investment returns using the example of a high PE ratio video company. They explore the implications, calculate the sales multiple needed for a reasonable return, and analyze the company's future performance.
Transcript
Play full episode
