I found this levered concept incredibly valuable when I ran other peoples' money at my hedge fund years ago.
My first question to them, usually interjected, rudely, if I were bored or confused was: "What the heck is this business levered to?"
Palo Alto Networks To understand this kind of leverage that I am talking about — as opposed to the kind that involves debt —let's start with something easy, let's start with the stock of Palo Alto Networks .
We own Palo Alto because its fortunes are levered to something that has the most explosive growth of an industry I know: cybercrime.
If we didn't own Palo Alto we would own CrowdStrike.
Persons:
—, Nikesh Arora, Estee Lauder, Wynn, Fabrizio Freda, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood
Organizations:
Palo Alto, Palo Alto Networks, Wynn, GE Healthcare, Danaher, Wynn Resorts, Costco TJX Companies, Costco, Jim Cramer's Charitable, CNBC, NYSE
Locations:
Palo, China, Las Vegas, Macao, Maxx