Stock market salsa

A question that every investor has or should have is, whether a company is being overvalued. Many times, we are carried away by wonderful companies with exceptional returns of capital. They are great and impressive, but the multiple that we impose on them is beyond what they can ever achieve. A P/E of 80 or even 100 times. The result is that despite the company growing at a very good rate, these high expectations only give losses to investors. No matter how wonderful a company is, it will be a good investment only at a good price. Onto the memes now.

This article was originally published on September 02, 2023.