Hims and Palantir Are Still Cheap.
The Rising Importance of the Great Art of Storytelling - Above the Crowd
Bill Gurleyabovethecrowd.com
The final question is whether "TAM dreaming" can translate into dollars and cents in terms of valuation and execution. Forecasts have only one thing in common; they're all wrong. But appreciating directional size for a market can impact the equation.
Kyle Harrison • Markets, Markets, and Markets
China provides an example at the opposite end of the spectrum: stock prices have often appeared cheap from a valuation perspective, but investment and asset growth have been elevated resulting in poor corporate profitability.
Edward Chancellor • Capital Returns
Often, companies are underestimated because people believe the market isn't large enough, and the execution will have risks (e.g. Crowdstrike). So how does that translate into the valuation I can pay today? If you have a fundamentally different belief about the size of the market then you believe that the company will be able to address more custom... See more