Interesting how much some people put to much importance on IV ...
You would say that as you wouldn’t have any idea on how to create one. What a crazy idea to work out what future cash flows a business will produce in the future taking into account business, market and world fundamentals and assigning a value to an asset. Let’s see in a few years how this plays out. In the meantime I suggest you partake in a wonderful opportunity to purchase a terrific business at a significant discount to its IV.
DON'T PANIC A2 HOLDERS, YOU ARE IN A BETTER SPOT THAN MOST, page-362
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