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Value After Hours 05 19: John Rotonti on the $30 billion stock no one knows, Berkshire and Buffett

The Acquirers Podcast

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The Importance of Paying Up

The average market multiple is 15 or 16. And so, maybe the last 12 and a half times for his ideal business that he uses as his textbook example of paying up. There's no proof that I can find that he's paying a fair price for anything. He's paying double digit free cash for yields. Yeah, wonderful prices. That should be the quote. That's the innovation. Six-minute abs. Exactly.

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