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2min chapter
The Long (and Short) of it: A Cynic’s Take on Markets & Investing | Jim Chanos
Hidden Forces
Exploring Total Addressable Market and the Space Investment Paradox
This chapter explores a prominent investor's commentary on companies perceived as universal products and critiques the trend of using expansive total addressable market (TAM) metrics to justify high valuations. The discussion humorously highlights the impact of light-hearted remarks on serious market reactions, especially in speculative sectors like space travel.
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Discover
highlights
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