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Ep 367. Fed Funds Rate, Celsius Deal, FCF + Growth, Bargaining Power, & The Best Business Advantages

Focused Compounding

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Is There a Multiple Expansion in a Stock?

Acelsius is a very unusual stock in that it's easily, you know, a had huge returns. It would be the kind of thing we talk about with hundred baggers and all that. But despite really not having earnings, and not having earnings for a very long period of time, has fairly similar lost sizes. I mean, multiple contraction is a bitch, but multiple expansion is a wonderful thing.

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