Fabulous book but considering P/E ‘old school’ is wrong. P/E applies as much as ever to value investing but it does not apply to new fast growth companies in the “land and expand” stage of their existence.
I’m pretty much in agreement with everything else you say.
Denny - thanks for pointing that out, it was a fairly flippant comment from myself & meant only in the context of these hyper growth companies discussed on this board