Hosking & Wyse is rarely willing to pay market multiples even for the world's best businesses and expects a discount to market valuation, especially when the market is trading above 20x earnings.

normativepending

Speaker

Scott McBride

Evidence Quote

we want businesses that are trading at a discount to the market especially when the market's at over 20 times earnings [18:40]

Source

A $33 Billion Value Manager Who Has Actually Outperformed | Scott McBrideExcess Returns
Created: 8/11/2026, 7:48:51 AM

My Notes

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