4819 JP (Digital Garage)

Digital Garage Inc

TMT


Presented:10/23/2013
Price:N/A
Cap:N/A
Current Price:$3,185.00
Cap:N/A

Presented

Date10/23/2013
PriceN/A
Market CapN/A
Ent ValueN/A
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/SN/A
Ave Daily VolN/A
Short IntN/A

Current

Price$3,185.00
Market CapN/A

Presented by: John Burbank III, Founder, Managing Partner, and CIO, Passport Capital at The Excellence in Investing: San Francisco conference

Highlights

Digital Garage is a sum-of-parts story that should benefit from innovation taking the place of government and central bank stimulus in supporting real economic growth, said Mr. Burbank. In particular, Japan is in dire need of innovation. He does not believe we have seen a real rotation to equities yet, and said the optionality that comes with innovation can be very powerful (investors typically award companies a premium for being innovative). Digital Garage is worth at least 20% more than its present level (JPY ~3,000) based on Burbank’s estimates, and he explained this bullish outlook for money flows into Japanese equities and Digital Garage as follows:

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Idea Discussion

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