Trigg: Buying Dell and Yahoo over Apple and Google damaged WCM
Mike Trigg · Mike Trigg – Defying the Fade at WCM (Capital Allocators, EP.162) · Nov 2, 2020 · at 20:15
Mike Trigg explains how WCM's strict DCF valuation focus led to purchasing legacy tech value traps over secular growth winners.
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“We were buying Dell instead of Apple, eBay instead of Amazon, Yahoo instead of Google. I mean, those three trades alone would have had, had they been done differently, would have had dramatically different results for that domestic product.”
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