
09- Buying 10 Dollar Bills for 5 Dollars (Part 2)
InvestED: The Rule #1 Investing Podcast
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Evaluating a River Tour Company for Investment
The chapter explores the valuation of a public company offering river tours in the Grand Canyon, using the concept of sticker price and PE ratio multiples to determine its future worth. It emphasizes the importance of finding an investment with a minimum acceptable rate of return of 15% a year and discusses the process of calculating a fair price for a business that ensures a profitable return.
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