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Value After Hours S05 E06: Parkinson's Law, Value 92nd Percentile Cheap, Just Buy $AAPL?

The Acquirers Podcast

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I Don't Think the Stock Market's That Crazy

Munger: I just don't think the stock market's that crazy. The returns on capital, invested capital, incremental, invested capital are so high,. these companies don't need any capital from outside at all. And they're pretty reasonably priced and I can buy that argument.

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