4min chapter

Yet Another Value Podcast cover image

Chris DeMuth's State of the Markets December 2023

Yet Another Value Podcast

CHAPTER

Close End Funds, Buying Companies at High Multiples, and Lack of Skill in Corporate Transactions

The speakers discuss the concept of close end funds being undervalued and critique companies that choose to buy other companies at higher multiples instead of buying back their own stock. They highlight the lack of skill in corporate transactions and provide insights on potential deals in biotech and financials.

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