“if you would just assume a revenue of about 11%, significantly below the historical averages, which again are close to 30% and a more or less flat net income margin and no multiple expansion again, the expected return would still be over 20% per year for the next five years”
→ Read the source episode
Kaspi's actual annual returns (including dividends) over next five years exceed 20% per annum
Daniel predicts Kaspi's dividend yield will compress to 6-7% from current 8%, implying 25-40% upside.
Jason predicts SpaceX stock will be down approximately 50% in five years.
Jason predicts Starlink will release its V3 satellite in the second half of 2026.
Jason reports SpaceX's $60 billion all-stock acquisition of Cursor will close in Q3 2026.
Daniel cites Helix Bank's forecast that Kazakhstan's tenge will weaken to 600+ per dollar by end of 2027.
Summaries are ours; the quote is a verbatim transcript excerpt. Our resolution criteria are editorial and disputable. How this works.