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A simpler way to value a stock w/ Andrew Page

Equity Mates Investing Podcast

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The Precarious Investment Case

The average PE is 15, a long-term historical average for the market as a whole. It's not that the PE could be 80 in five years time for a winner. In fact, it could grow very strongly. And what you might do, and I've done this a lot of times, is where I'm too conservative in my assumptions. And I never buy the damn thing.

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