Interested in any comments/discourses you have on the process of choosing investments.
Hehitabel, you know that I am a Gorilla Gamer, so the valuation metrics are much less important to me that the company's products as seen through the ggamer lense--barriers to entry, open proprietary protocol/standards, disruptive innovations, quality and vision of management, market growth, sales/marketing effectiveness, etc.
Valuation, for me, then becomes a means to monitor the company's success over time, not so much a means to pick the investment. Remember that ggamers tend to believe that the market consistently underestimates the value of a gorilla by using metrics while ignoring the strategic value afforded by the traits I listed above.
NTAP fills all the qualities of a Gorilla in a series of tornadoes in a market (storage) that is exploding and will continue to burn furiously for many years to come.
Another is QCOM, (of course), whose stock got driven up by exhuberence and brought down by FUD. Tremendously undervalued. Incredible future. (Couldn't let the opportunity go by without mentioning Q.) |
