4min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB294: Explaining Multiple Expansion and It’s Impact on Value

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

The Constraint of the Multiple for Google

Andrew Keen: People were afraid that Bing was coming for Google search and that Microsoft's investments in AI were going to overshadow anything that Google had done. That really turned people about Google very bearish, very down on the company for a period of time,. And it really drove the company's multiple down. Before that, it was in the high 20s to low 30s. Now even now it's trading around the 20 PE, which means that it's, you could consider it your quote cheap if you wanted to.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode