Q: I remember 20 years ago when I was in university, my brother and I would always say if only we had bought Apple last year because now it’s way too expensive. I have a feeling Shopify now may be a similar situation… That is why I have been accumulating at higher and still higher share prices…
Thank you 5i
Thank you 5i
5i Research Answer:
It's a good point: great companies are rarely cheap. The job is to find out WHY they are expensive, and whether that reason is sustainable.