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24-12-2021, 12:05 AM
Hi CY09,
I have the same concerns.
Hence, curious about the thought process here. Why not invest in companies, with similar growth prospects (growth rate, profitability, predictability etc.; pulling random names, say Netflix or Google), without the obvious growth ceiling?
I have the same concerns.
Hence, curious about the thought process here. Why not invest in companies, with similar growth prospects (growth rate, profitability, predictability etc.; pulling random names, say Netflix or Google), without the obvious growth ceiling?
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger