The FCF yield comaprison to 2022 really puts things in perspectiv. At 2.38% versus 5% back then, it's a huge differnce in margin of safety for new capital. That 4-6% buying zone you outlined makes sense given the historical data on bear market entry ponts.
The FCF yield comaprison to 2022 really puts things in perspectiv. At 2.38% versus 5% back then, it's a huge differnce in margin of safety for new capital. That 4-6% buying zone you outlined makes sense given the historical data on bear market entry ponts.
jep, cheers to that, I will keep you all updated and informed!