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A case for APT, page-8

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StefanF

5,549 Posts.

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06/08/20

12:35

Post #: 46346063
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Originally posted by Trevor2017 ↑

The major points are likely well understood by the long term holders already but it's a great summary and is well articulated nonetheless.

Read along side with the Michael Pascoe's piece and the recent AFR's "A different spin on Afterpay success" would notice the sharp difference between the thinking behind journalists and fund managers dealing with real money. Not to say that fund managers are always right but journalists need to sell and hence tend to resort to sensationalism while fund managers are much clear about their investment thesis/strategy.

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Also worth mentioning that journalists are mandated to produce X amount of articles a day. Stark contrast to the type of research fund managers make.

APT Price at posting: $71.01 Sentiment: Hold Disclosure: Held
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