The complete flush out after the horrible Q1 earnings, with bad Q2 guidance was brutal.
this was good, i also wrote a piece on evolution. check out my substack if u have time!!!
FWIW margin of safety generally refers to the gap between intrinsic value and price, not between price and entry price.
I never implied that, I just didn’t anticipate a sudden flat growth rate with my margin of safety, therefore it evaporated
Ah okay, misunderstood you.
Are you saying then that you don't believe there's a gap between intrinsic value and price?
good analysis on current situation. One concern of ours is that both ring-fencing and especially Asian cyber attack lack visibility, meaning that problems should be temporary but for how long is a “if”.
this was good, i also wrote a piece on evolution. check out my substack if u have time!!!
FWIW margin of safety generally refers to the gap between intrinsic value and price, not between price and entry price.
I never implied that, I just didn’t anticipate a sudden flat growth rate with my margin of safety, therefore it evaporated
Ah okay, misunderstood you.
Are you saying then that you don't believe there's a gap between intrinsic value and price?
good analysis on current situation. One concern of ours is that both ring-fencing and especially Asian cyber attack lack visibility, meaning that problems should be temporary but for how long is a “if”.