Home Videos Joel Greenblatt Explains why he Paid a Massive Premium for $MCO

    Joel Greenblatt Explains why he Paid a Massive Premium for $MCO

     Joel Greenblatt Explains why he Paid a Massive Premium for $MCO

    The  lecture linked below describes how Joel Greenblatt decided to paid over 20x for Moody’s by analyzing Warren Buffett’s purchase of Coke at a high multiple (approx. 16xs). The lecture also discusses the general concept of paying more for a brand and growth.

    H/T CSInvesting

    Link to the full lecture here

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