2min chapter

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

King of Capital by David Carey and John E. Morris | ADI Book Club 3

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

CHAPTER

The Current State of PE

I was also impressed with their timing and my thought when I was thinking about that was more like these guys they played a tough game. They didn't play the buy Coca-Cola sit on it for 30 years and watch the magic happen or people who bought you know what's interesting is someone could have bought Berkshire in 1985 instead of giving money to Blackstone so there's easier games to play out there. This is a damn hard game to to time the market over and over like this to invest in leveraged cyclical companies over and over tough game.

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