Daily Archives: October 1, 2020


What I Have Been Reading – September 2020

What People Want People don’t buy products, they buy transformations. From overweight to fit. From dumb to smart. From incompetent to competent. From poor to wealthy. From timid to confident. Figure out what you’re transforming. Twitter   Growth Investing Unlike in real estate or in professional sports, in the stock market people seem to get mad when high-growth companies are selling at premium valuations. They get almost indignant about it. How dare you, sir! I don’t understand it. You’re not better than someone who is willing to pay 20x revenues for Zoom. Or 100x earnings for Netflix. Or 500x thin air for Roku. Finding bargains is not more respectable than paying […]