Buying Palantir at 60 times sales in 2024 would have been the correct decision due to its forward growth and accelerating topline.
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the best investing quotes you PROBABLY haven't heard of
Sep 13, 2026
This video discusses investment quotes, focusing on John C. Bogle's advice to "buy the haystack" (i.e., the S&P 500 or popular large-cap stocks like the Mag 7) rather than searching for obscure individual winners. It also touches on Terry Smith's assertion that his portfolio achieved superior metrics (growth, ROIC) compared to the S&P 500 while being bought at similar valuations, highlighting the analytical aspect of investing.
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Broadcom was trading at 60 times earnings in 2024 and has since tripled, showing that high multiples can be justified by strong growth.
Nvidia was trading at 50 times earnings two years ago, which seemed expensive, but it has grown significantly since then.
The creator believes Adobe's future is bright and it's a stronger business than PayPal, but suspects Uber or App might outperform it at current prices.
The creator expresses regret for not making a larger position in Shopify, despite having opportunities at cheap valuations, citing it as a significant 'error of omission'.
The creator mentions Netflix as a comparison point for Uber, suggesting they would buy Uber instead if considering a newer age tech company.
The creator personally chooses not to invest in Mercado Libre, considering it not one of their top 15 ideas and finding the investment too far-fetched due to geographical and FX complexities, despite acknowledging it's a great company.
The creator questions owning S&P Global alongside Moody's, suggesting it's better to pick just one.
The creator questions owning both Moody's and S&P Global, preferring to pick just one.
The creator questions owning Visa alongside Mastercard, suggesting it's better to pick just one.
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