
EP 336. An Inside Look at Managing Investor Capital
Focused Compounding
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Is There a Difference Between the Market and the Market?
A lot of people m only invest in really liquid stuff. Not a lot, but some like us and focus on that. Which does mean that the market's a little different that way. The less the market has an effect on things, then, yes, you would see the underlying results sort of dryvThings may have more than we realize to do with multiples like interest rats. Another possibility is they might hae something to do with supply. In the 19 sixties, there wasn't as much stock available for buy-and-hold investors. And so actually, you could see falling prices sometimes just from an increase in supply. It became very popular to take private companies back into
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