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Ep 42. Using Comparables to Value Companies

Focused Compounding

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The Importance of Control

There's two companies that would in some sense like to control this company. They own staples and then they've perched up or they bought up 9.9% right because of poison at 10.9%. So it's kind of getting and then what did genuine parts do? Then they offered a contingent value, right? A contingent value,. Which could theoretically be up to $4 and staples also then said that we could I forget the exact language. It's something like significantly in excess. If you let us see your books and all that stuff, it's like a bidding. We can't do that with them.

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