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Value After Hours S04 E09: Devolution of Returns by Decade, Change to Acquirers Multiple, Calloway

The Acquirers Podcast

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How Does the Fang Index Perform Over the Last Ten Years?

Sales grew 17 %, annualized, annual yes, share count. Margins actually came down some. Luksay, you lost a one % to margin changes. Amazon does a lot to that, lower margins than they were in 20 11. They just just continually reinvest like they're not playing a margin game.

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