In this podcast, Jeffrey Towson discusses the importance of the external view and base rates in investing. He uses Kroger as an example of a company that can be viewed externally, and he discusses the common metrics for base rates. Towson argues that investors should use the external view and base rates to identify companies that are undervalued and have the potential for growth.
In this podcast, Jeffrey Towson discusses what Ant Financial’s success can tell us about the future of Square. He argues that Square’s growth will be driven by its ability to use its payment platform to build a wider ecosystem of financial services. He also discusses why it is so difficult to predict the future of digital businesses.