The upside of valuation timing is that it greatly increases your odds of above average rates of return in the long run. (arborinvestmentplanner.com)
Obviously, growth rates will slow down, but I think it's very likely that these two companies will continue to grow at above average rates for a long time to come. (basehitinvesting.com)
Companies which have unique advantages are able to fend off competitors and provide above average rates of return on capital. (arborinvestmentplanner.com)