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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Process Is Priced Like a Cigar Butt

Heren: Process is priced like a cigar butt. You're buying process dollars for cents on the dollar. And i'm sure they're doing great things with their unlisted assets and with their other liscet assets, and all that's great. But if we're focusing on the ten cent stake, ten cent, in my opinion, is growing. Heren: There's a lot more for me to learn about it, but so far i've liked everything i've seen.

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