Jan. 21 at 1:42 AM
$PYPL you either believe in discount cash valuations or you don't. And like Buffett said, they should be so obvious, so conservative, and so brimming with margin of safety, it's the back of an envelope not excel.
$PYPL Is that. Is it worth 90, 100, 150? Can't tell you... Just that 55 is insane. In deep.