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EP 321. Where Do We Go From Here? 39x Shiller PE, Inflation, Interest Rates, China, etc

Focused Compounding

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How to Find Large Liquid Stocks at the Cheapest Prices

When apple was only like, ten times or 12 times free cash flow, there was really no, you know, bit of a sideway here. But what a re rating that company's had. Well, that company, i think, went through a change in that went from being a growth stock to a value stock. So whatever you want to call that, it's had very slow growtha a,. It's changed prtty successfullyin turns o buying back its own stock and doing things like that. You have a whole different group of people who own it, so they'll sell. I mean, a, you do need completely different people to own it, because you're not going

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