TIP454: Current Market Conditions w/ Tobias Carlisle
We Study Billionaires - The Investor’s Podcast Network
00:00
Seek Risk-Adjusted Opportunities at a Discount
Overpaying for great businesses may hinder returns, as exemplified by stagnant stock prices of well-performing companies from 2000 to 2015 despite strong underlying businesses. Past drawdowns show the importance of finding risk-adjusted opportunities at a discount to secure future returns beyond nominal numbers, emphasizing purchasing power and avoiding overpriced assets.
Play episode from 47:38
Transcript
