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A simpler way to value a stock w/ Andrew Page

Equity Mates Investing Podcast

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The Importance of Pricing for Perfection

The term is priced for perfection. In other words, you'll do well if everything goes to plan. And if it falls short on any one of those things, I'm not going to do well. This is my criticism of things like the nano or brain chip companies. The supporters get really carried away because they are big market potential and could grow fast. But over multi-year periods, investors did really badly. You can't blame the company for that, right? You have to blame the market because the market just overbid it. It's always been like, yeah, but the market is expecting that and then some.

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