《Applovin (APP): The 30-Bagger Down More Than Half》
好市多估值高（50倍市盈率），尽管公司质地优良，但缺乏安全边际，因此在该价位买入并不具吸引力。
我们知道Costco是一家出色的公司，但它的股价对我来说从来都不合理。当市盈率为50倍时，似乎没有任何安全边际融入其中，而最终它只是一家杂货零售企业，而且分散。
we We know that Costco is a company Exceptional, but the price Her stock wasn't logical. Never for me. when A price-to-earnings ratio of 50 Weakness, it seems not There is any margin of safety Integrated into what is in The end is just work Commercial grocery store And fragmentation.
为了更好地理解任何商业工作，无论是Costco还是Reddit，
To understand any work better commercially, whether It was Costco or Reddit,