[eru]

Warren Buffet hasn't beaten the S&P 500 in a while.

> Look at valuation differences between single tenant net lease retail stocks, for example. The biggest edge will be in smaller cap and less followed names. And there are thousands of them. Pretty easy to find small cap peers in RE that have better growth, same risk profile, and much lower valuation multiples, for example

Less liquid markets are less efficient. People who go and exploit these mispricings help make the prices better, and the market pays them for it. (But that only works for as long as there are mispricings.)

> Is cloudflare a good investment now at 12-15x sales?

Please short cloudfare and make some easy money.