The Acquirers Podcast cover image

Value After Hours S03 E36 China, $BABA; The Perfect Gambling Environment; and Mauboussin Strange.

The Acquirers Podcast

00:00

Canitre but That's Not the Indexs Old Time Horse?

A lot of people think that these businesses are going to be really good for a really long time. I don't know why it would change any time int future. There's ike a balance between, you know, valuations imply a mavison's concept of a competitive advantage period. The higher the valuations go, the morea your implying the competitive advantage period has to sustain. So to me, with these valuations, a o doesit make a yoel,. It just doesn't make a lot of sense that that that would change to morrow. But it also can, i mean, its,you know, its people are fickle, but i wouldn't quit

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app