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It is time to start talking about stocks that are overvalued and why that is. I see some risk in the broader market of course but a lot of risk to investors concentrated in a few stocks.
I am going to be doing this in no particular order with a few stocks but I wanted to talk to you about Airbnb today.
I want to be clear. I don’t think Airbnb is trash. I love the concept. I don’t the company is going to crash and burn. I just think it is overvalued that investors buying at today’s prices are going to be disappointed by performance.
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