PayPal: A Textbook Value Trap

Core Viewpoint - PayPal Holdings, Inc. (PYPL) is viewed as a battleground stock, with opinions divided on its valuation, where some consider it undervalued while others see it as a value trap [1] Investment Strategy - The focus is on identifying companies with exceptional quality that can reinvest capital for impressive returns, aiming for a long-term capability of capital compounding [1] - The ideal scenario includes a high compound annual growth rate that could potentially deliver tenfold returns or greater [1] - A conservative investment strategy is primarily adopted, with occasional pursuit of favorable risk-reward opportunities that have substantial upside and limited downside [1] Market Perspective - There is a belief that maintaining a long-term perspective on investments will yield higher returns compared to market indices, especially in a rapidly evolving investment landscape [1]