这是我们播客上报道的第一家公司。我不想开创先例，买入那些没有良好基础运营指标的业务，比如，你知道，其中有一个投机成分，你在说，嘿，你知道，亿万富翁会继续变得更富有，他们会继续抬高这些奖杯资产的价格。然后还有一些税收漏洞，你不知道它们是否会关闭。
this is one of the this was actually the first company we covered on the podcast. Um, I didn't want to set a precedent of of of buying into businesses that didn't have great, you know, underlying operating uh uh metrics where like, you know, there is a speculative component of it of you're you're saying, hey, you know, billionaires are going to keep getting richer and they're going to, you know, bid up the price of of these uh trophy assets more and more and more. And then there's some tax loopholes that you do that you don't do or don't know whether they'll uh they'll close.
所以无论如何，事后看来，能够以福布斯估计的资产净值50%的折扣买入，相对于公司的市值，那真的很有吸引力，而我们错过了。我太谨慎了。
And so anyways, um, in hindsight, being able to have bought, uh, at a 50% discount to Forb's estimated NAV, uh, relative to the market cap of the company, that was, uh, really attractive and and we just missed that. Uh, I was too I was too cautious.