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Value After Hours S03 E29: Lumber, Einhorn's Greenlight Letter, 17.5% Yearly Returns Expectations

The Acquirers Podcast

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What Does That Mean?

In the last ten years, sales of the s an p 500 a grown at a two point nine % clip. So if we project that forward sales, then a would turn out to be a 18 55 in 20 31. And that same price that we're using, that means price to sales would have to go fromthe to day's current of three point one,. But it'd have to go to 11 point nine. Whenis trading at ten times, that's basically saying that i'm going to have to give you a hundred percent of revenue is going out the door to you as a dividend. It means there's no r and d for the future to, like, keep maintaining this

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