I find the short-termism of the sell-side and markets so funny sometimes. When it fell 20% in one day last year was case in point. I really think parts of the investment industry are struggling to understand that Wise is lowering prices because in the long run it makes the company more valuable than maximising profits today. One day they'll get it but it wil be too late for them.
Agree - it's a great setup and long-term holding. Taking a proven approach of building the infra, returning scale economies and thinking long-term and customer-first, it's hard to see this not being a good investment.
I find the short-termism of the sell-side and markets so funny sometimes. When it fell 20% in one day last year was case in point. I really think parts of the investment industry are struggling to understand that Wise is lowering prices because in the long run it makes the company more valuable than maximising profits today. One day they'll get it but it wil be too late for them.
Keep up the good work
https://wonderstcks.substack.com/p/the-greatest-investment-of-the-next
Thanks for the link - great read.
Agree - it's a great setup and long-term holding. Taking a proven approach of building the infra, returning scale economies and thinking long-term and customer-first, it's hard to see this not being a good investment.
Great read on Wise, thanks for sharing your insights
Thank you - glad you enjoyed it!