Season 1, Episode 39

 The Discounted Cash Flow

Anoth­er long episode!
WIth talk about why we sold Apol­lo Tourism again.
Ray Dalio and the “Great Sag”.
Tony explains how to cal­cu­late a Dis­count­ed Cash Flow in detail (here’s Tony’s spread­sheet so you can play along at home).
We talk about our friend Torsten’s new bit­coin film “Cryp­topia” and what we think about bit­coin as an invest­ment.
Tony reveals his drink of the week.
And our analy­sis this week is Tap Oil.

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