MI197: Stock Market Bubbles & Crashes w/ Scott Nations
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
How to Value a Company in the Internet Bubble
All rules of investing and valuing a company were just thrown out the window. Some companies that fell for this approach are the ones that we joke about now. Pets dotcom is a perfect example. They didn't want to make money, even though they were losing money on every bag of dog food they sold and shipped. Just getting big is not a strategy for profit.
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Transcript
