Compounder Investors - You Can't Go All Nick's Sleep

In 2009 you could buy great compounders at 10 12 times earnings whatever else but you could find other stuff at two times and of course at this point I would say that the you know if you're buying Mastercard or Visa at 12 times earnings it's a better way to go then something else which is cigar butt. "I'm going through an evolution where I found that you can't go all Nick's sleep" he says.