guys16 Sep 2018 12:44
what is KEY is the institutional buying. When they start buying S4 Capital you are going rocketship. and the instititions will buy, they can not ignore a man who grew WPP so much. WPP 5 bagged with 3-5 years at inception. I wont sell my 11p stake. do you think i am MAD? i am not.
Anyway best quote of this day, week and year is this - find it if you can? "I'm mainly looking for high quality businesses that can reinvest internally generated cash flows at high rates of return i.e. compounders, I want to find the small snowballs that are rolling downhill where eventually their size, velocity, and quality will attract institutions".
There you go. Now you can sit there and think of derr, should I , shouldnt I, you can sit on the sidelines but ask yourself - you ever going to get into a billionaires company at start up again ? probably not - maybe 1 or 2 more chances if your lucky.