A2 Milk

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Alex Hall

Hi,

Apologies if you have already answered this question, but I have only just started listening to your podcast. I am a fan of what you guys are doing, however in episode 2 I note that Ren states that A2 milk is not worth buying due to the fact that it is trading at 52x earnings. However this was in February 2017 and the stock steadily increased for the next 12 months to grow approximately 460%.

Now I am not trying to point this out as a mistake in advice, however I would like to know for what reason this stock increased despite trading at 52x earnings and if the signs were there that it could in fact keep increasing (in retrospect). Did you learn anything from watching these gains? Also, did you guys sell your stock or did you keep riding the wave??

Thanks,

Alex Hall