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Emerging Value's avatar

Great article.

"once the multiple gets low enough an investment becomes much more binary around those numbers or a cycle". That's me! I accept the unknown.

So much money is lost trying to find the next top quality company that will be the best of the best at high valuations. I believe that it makes investing much more difficult because you need to be very right about the business.

BTW loved the videos about IWG PLC.. Entering it..

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