great analysis and a super quarter! I've sold my position this year as my IRRs estimations weren't great. now I'me getting the feeling that it was the wrong decision. who could have thought that great companies surprise to the upside? (specially with cyclical tailwinds)
Yup! I trimmed it down as well, I do think the risk-reward is not the same as it was back then because post-2028 you get quite a bit of uncertainty, but definitely doesn’t seem as expensive as many people think
great analysis and a super quarter! I've sold my position this year as my IRRs estimations weren't great. now I'me getting the feeling that it was the wrong decision. who could have thought that great companies surprise to the upside? (specially with cyclical tailwinds)
Yup! I trimmed it down as well, I do think the risk-reward is not the same as it was back then because post-2028 you get quite a bit of uncertainty, but definitely doesn’t seem as expensive as many people think