I'd split a hair. Warren Buffett has always said that he wants to buy great stocks at a fair price. In sharp contrast. many in the market today (or rather yesterday) 'bank' on great companies' great potential with little regard for valuation.
It's no surprise that both AAPL's and TSLA's multiples compressed and TSLA much more so. Through a RARR lens, both look good at this time. (to me anyway.)
Nice article, thanks for teaching, and the Abe Lincoln reference.
I'd split a hair. Warren Buffett has always said that he wants to buy great stocks at a fair price. In sharp contrast. many in the market today (or rather yesterday) 'bank' on great companies' great potential with little regard for valuation.
It's no surprise that both AAPL's and TSLA's multiples compressed and TSLA much more so. Through a RARR lens, both look good at this time. (to me anyway.)