Been watching a lot of videos from Rick Rule (legendary investor) lately. He made an interesting comment about how if he looks back at all the 10 baggers he's ever enjoyed, the median time to realize these gains was 5 years, and most of them were down by more than 50% at one point. He also tends to be quite early. At the end of the day you have to keep revisiting your thesis as the information changes or evolves. I think we're in a better position fundamentally than when we were at all time highs. Funny how it works. I think over time this will be closer to fair value.
In the meantime though we need DT and PS to be banging the drum...I'm sure there is a lot going on behind closed doors
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