055: Why I Bought Prosus and Naspers + Alibaba Charlie Munger Update + Ring Energy Update
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
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The Multiple of Free Cash Flow
The company is valued at 20 times free cash flow. The current quote, i just looked id up on the wall street journal, is like 590 billion. And so you take that out of the valuation, and what i came up with is like kind of a lazy, conservative valuation of like 551 billion. It's not even really a high interest rate nvironen, kind of little bit less than normal. So where we're at now is like superlow.
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