Great to see a post about Houlihan🤝😍 I wouldn't even compare the valuation to the classic investment banks, but look historically. And finally, Houlihan is also dependent on the economy. The biggest risk would be that the declines in M&A business cannot be absorbed with restructurings and valuation advisory😅.
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@simplemoney I'm right there with you. In a poor economy, it will not be possible to spend so much capital on takeovers.
Are you invested yourself? And how did you come across the company?
Are you invested yourself? And how did you come across the company?
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•@RenditeAkademie Yes, it is my 2nd largest position in the portfolio and I have been invested in it for a year. A friend drew my attention to it, and the share quickly appears in a screener due to its solid growth, the very high dividend growth plus the high ROIC.
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•@simplemoney I've just had a look at your portfolio. Over 30% in one year with HL is great, especially as the share has come back well in the last few weeks. Are these already buyback prices for you? and Tesla as the largest position also tastes good!
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•@RenditeAkademie danke👍🏻 Yes, the share price is slowly becoming attractive again for an additional purchase, although I will not be adding significantly to the position
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