The Trade Desk (Ticker: TTD) with Kris from Potential Multibaggers
Chit Chat Stocks
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The Price of a PE
I always have to think of an article that Morgan Hausler wrote years ago. It was, what could I have paid as a PE to have market-like returns in this stock? So, you go back. Bank of America traded at 6.1 times earnings in 1995. But it actually had to trade at three times earnings to haveMarket-like returns. Coca-Cola traded at, I think it was, 88 times earnings. No, no, it didn't trade that. It traded at 24 or something,. but it could have traded at 88 times earnings and you would still have had market- like returns.
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