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Ep 381. Disney and Nelson Peltz, Carvana’s Fall, Pair Trading Strategies, and Charlie Munger’s Top 3 Places to Find Stocks

Focused Compounding

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How to Prevent Bankruptcy With Capital Markets

I mean, like literally you hear, you know, slow down your growth to maybe generate a little bit more cash. But it doesn't ever seem like businesses do that because in that growth phase, they're trading at an insane multiple, right? They're using capital markets. I mean, where this is eventually like the end result that happens because basically the tide goes out or sentiment changes in the market or whatever. And then it finally happens. Well, that is actually the recipe for how you prevent bankruptcy, generally. If you look at the sort of, we talked about the z-score and things like that. The one people know about is like, Dempster Mill, where

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