Many people make this argument that stock price is lower than few years back and it has generated no returns from last so many years…
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on a lighter note, this line of thinking is like that wolf and lamb story where wolf looked for an excuse to kill the lamb and said to him that you abused me few years back, when lamb replies that I was not born at that time, then wolf says that it must be your father in that case and kills the lamb…
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it was a different company in 2016, no point in calculating returns from that point, present thesis/story begun after the merger with capital first…and while I agree stock has not even given any returns since merger also, the company underneath has performed and turned around phenomenally well…stock price is just like a dog whose leash is in the hands of the owner, it will have to follow the business eventually and probably already started to do that…
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