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> Uber has a global operations, is in multiple streams of business and has diversity across business lines and countries [...] If you invest in a gold company,
by kemitchell 8y ago
> Uber has a global operations, is in multiple streams of business and has diversity across business lines and countries [...]
If you invest in a gold company, do you want them hedging the price of gold?
Some corporations function as diversified quasi-portfolios. But it's often far easier to analyze and model pure plays. Plenty of pure-play securities on public markets.
- autokad 8y agoby that logic, amazon should just be selling books to make it easy for investors to make 'pure plays'
- kemitchell 8y agoI don't think public companies should be pure plays. But I don't think they should be portfolios, either. There's reason for both.