28-12-2018, 03:36 PM
A visibility of +300% earnings growth is acceptable for me, especially at today's valuation. In fact, even if they just grew 100% I think this would be a successful investment. We have the added optionality of them breaking into other sectors of the networking space. Thanks for the detailed and technical writeup!
Found a blog with useful insight: https://blog.tsunanet.net/2018/01/why-i-...works.html
Found a blog with useful insight: https://blog.tsunanet.net/2018/01/why-i-...works.html
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger