3 Comments
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Roberto Chamorro's avatar

Thank you very much, this article is a masterpiece.

One question: if the thesis is still intact and the opportunity is still there, but the position has already delivered a huge return and maybe has less upside left… do you make tactical reallocations to buy other businesses with better upside or a more attractive risk/reward profile?

Thanks again for the article.

Dave's avatar

You bring rational to a irrational market. Totally worth being a paid subscriber!