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1:39
BG2 Clips on Instagram: "Brad Gerstner explains why SaaS stocks are crashing despite hitting their numbers: “They’re going down because we’re discounting that future uncertainty. When something as profound as AI comes along, all of a sudden, it causes you to question whether or not there’s as much certainty and durability in those future free cash flows. So in the case of take Salesforce, it’s gone from 30 times free cash flow multiple to 15 times. That means somebody buying it today says, liste
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