FLT 2.57% $17.13 flight centre travel group limited

Charlie Munger: “Warren talks about these discounted cash flows....

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    Charlie Munger: “Warren talks about these discounted cash flows. I’ve never seen him do one.”
    “It’s true,” replied Buffett. “If the value of a company doesn’t just scream out at you, it’s too close.”
    No DCF needed here.
 
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