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mispriced assets
shaanpuri.com · 1,277 words · saved by 1 readers
mispriced assets
mispriced assets October 11, 2024 mispriced assets This is a One Minute Blog (OMB). The average person can read 238 words per minute. This blog is 459 words, because…um… you’re not average :) A few weeks ago - I did a podcast talking about Weight Watchers stock. The stock was in the dumps. Down 90%+. Market cap only $60M (for a company that everyone and their mom has heard of). Did weight loss go away? Was it a trend? Nope. We’re still fatter than ever. But Ozempic (and other factors) had crushed the stock. On the podcast we said: ‘this looks mispriced. I think i’ll buy some stock today’. Look
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