6min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Chris Bloomstran - An Update on Public Markets - [Invest Like the Best, EP.171]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

The SNP Five Hundred Is a Great Stock to Buy, but It's a 'Teck' Company.

In the third quarter of two thousand and eighteen, we saw a net profit margin of a little over twelve point one per cent on the s n p five. So at twenty three times trailing, we'd make the case that you're not going to get any multiple expansion. And i still believe it, if it's simply inertia, but regulation comes along as well. He was just in his early days when he went public with Hesgles, an advertising company which has gone out of business. But who knows what it's going to wind up like bfand? I've got a couple of friends in town where they run their own ad agency. They have no idea how big this...

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