We are investors, we don't raise cash to sit on it and feel happy when the market is crashing. We raise cash to buy bargains when everybody sells into a crash. We play the infinite game.
That’s a very good list and I share the same interest for 3 out of those 5 businesses
That's nice to know.
MELI profit margin has been declining, 10% > 7% > 5.7%. Assuming 10% is too optimistic.
This is why I subscribe, I value independent hard work/analysis on stocks from around the world.
Great read. Thanks Oguz! Wondering how close DUOL and NBIS were to making it on the shortlist? Surely within buy territory.
That’s a very good list and I share the same interest for 3 out of those 5 businesses
That's nice to know.
MELI profit margin has been declining, 10% > 7% > 5.7%. Assuming 10% is too optimistic.
This is why I subscribe, I value independent hard work/analysis on stocks from around the world.
Great read. Thanks Oguz! Wondering how close DUOL and NBIS were to making it on the shortlist? Surely within buy territory.