Trading Quotes #48 – Peter Thiel

Peter Thiel of Clarium Capital speaks during the Ira W. Sohn investment research conference in New York

“Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows—and thus the company’s value—don’t decrease faster than they anticipate.”

– Peter Thiel

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