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Shyam Sekhar
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Shyam Sekhar
@shyamsek
When you think a marquee leader in a sector is richly valued, discounts the distant future, is over
owned and has run its course, take a clean break.
Sell and go away. Don't seek lesser opportunities in weaker companies.
Shyam Sekhar
@shyamsek
In past cycles, operators took vulgar companies and made them look good.
Now, they take good companies and make them trade at vulgar valuations.
That is the difference.
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