*Please note that this is opinion based on the math below which could be wrong. Not investment advice
The last time the Fed hiked 0.75%. Been a while eh?
Lower asset prices today = higher long term IRRs
Irrationality or Justified?
An experienced finance guy
I believe value is determined on a 20 year horizon.
Potential declining Free Cash Flow = lower valuation.
Position #1 in the Patient Compounder portfolio
At sub HKD 160 / share, it is cheap if it keeps growing at 20% a year for 5 years.
At HKD$195, it is trading at a Price to Free Cash Flow of 19x
The FTC and 46 States attempted to bring a sweeping anti-trust case against $FB.
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