Replies to post #63 on Noble Roman's Pizza, Inc. (NROM)

[bradford86]

for any given stream of cash flows, the goal is to pay less for it.

that is how you make money.

it is like hot girls, why are you dating one that you dont like if you can trade up?

imagine you are walmart. would you rather buy the widget that you can sell for 3 dollars for 2 dollars or for 1 dollar?

pay less. get more.

or just get more.

I like ev/ebitda < 4x but am willing to pay for potential