
Ep 355. Market Update, Omaha Trip, Activision Arb, and Thoughts On Elon Musk Buying Twitter
Focused Compounding
00:00
What's the Best Price to Pay for a Stock?
Until the most recent year or two, i think you would have thought an ok price to pay for this kind of business is four or five times sales, right? Am? And now you've got a pretty high price. But also, if we look at em, you have a chart of fio, yes, see? Cause if a good doo like, you know, ye, so youve do a longer term than five years, if you ye. Maybe because you liked the ten year now it just looks like it's a great stock for all times ordoer. But that's not really true if you look, i mean, cause it just smushes it down,
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