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TIP567: The Evolution of Value Investing w/ Brian Feroldi
We Study Billionaires - The Investor’s Podcast Network
Mercado Libre: The Amazon of Latin America
The company is Mercado Libre, which I kind of think of as the Amazon of Latin America. Over the last 10 years, it's compounded its revenue at a 44% growth rate. The company has achieved profitability on both an earnings basis and a free cash flow basis. It's valuation today looks fair to me or fair to being on the pricey side.
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