My thoughts on Catalysts, the META Drama, 3M and the Stanley Druckenmiller interview
I can relate to your story on Meta with my investment in Kaspi, where I was a buyer all the way to July 2022. The political situation in 2022 in and around Kazakhstan hammered the valuation.
Great explanation of your point of view, very illustrative. Thanks for the writing.
for me its more valuation based. If its like giving you a 20% stable earnings yield, even if the business is ugly and boring, that's a fat pitch.
15% is also a fat pitch
I can relate to your story on Meta with my investment in Kaspi, where I was a buyer all the way to July 2022. The political situation in 2022 in and around Kazakhstan hammered the valuation.
Great explanation of your point of view, very illustrative. Thanks for the writing.
for me its more valuation based. If its like giving you a 20% stable earnings yield, even if the business is ugly and boring, that's a fat pitch.
15% is also a fat pitch