Re:A Gambler Who Cracked the Horse-Racing Code (2018)
by paulpauper on Tuesday September 03, 2019 @01:58PM
(#20869224)
the answer is pretty obvious: low multiples. A gaming company trades at low multiples whereas a tech company with little revenue can be worth billions. You cannot turn a $1 million investment into a billion with gaming like you can with tech.
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