I’m all the time looking out for companies which have a powerful money producing means and a powerful sufficient aggressive benefit that I may be certain they are going to be round for the subsequent decade, and at a worth the place I may be as certain as doable that I can obtain not less than 15 p.c annualized returns, or else firms whose worth is deeply discounted from their asset base so long as its extremely marketable. Im not one to draw back from takeover targets, supplied the goal nonetheless has a powerful enterprise that I’d be okay with proudly owning it even when the takeover didn’t undergo. Since I started investing alone 3 years in the past I’ve achieved an annualized time weighted return of about 16 p.c, and plan to proceed to beat that hurdle as I be taught extra.
Analyst’s Disclosure:I/we’ve got a useful lengthy place within the shares of UBER both by inventory possession, choices, or different derivatives. I wrote this text myself, and it expresses my very own opinions. I’m not receiving compensation for it (aside from from Looking for Alpha). I’ve no enterprise relationship with any firm whose inventory is talked about on this article.
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