Buy the Bike, Sell the Stock

Buy the Bike, Sell the Stock

by Charles Mizrahi | Dec 28, 2021 | 2022, Investment Strategy, Real Talk, Value Investing

“GYM CLOSED DUE TO COVID-19.” When I saw those signs, I knew Peloton was a clear winner. The company sold a nearly $2,000 stationary bike — and that was just the start. It also required a $40-per-month subscription service. It allows subscribers to participate in...

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