The YouTuber bought IDT in 2020, capitalizing on the market irrationality caused by COVID-19, at a price of around $7. The company is still growing at 20%, has low debt, and good management. Despite its growth, it's no longer a small, unknown company, but it was a highly successful investment from a small fund.
“This company we bought in 2020 taking advantage of what we said, the irrationality generated by COVID with a small investment fund that I had launched at that time. We had 100 million in another fund, but we launched a small one to take advantage of these opportunities with less than 10 million to do what Warren Buffett said and it was one of those that entered the fund at a price of more or less $7 and currently trades for almost $70 and it's curious because it still grows at 20% it barely has debt, the management is good and well, it's no longer such a small and unknown company as it was at the time.” — ▶ Clip ansehen