Original review: Uber in 20 years.
Tag for finding my other articles on this stock: UBER
About this blog: I have been investing for 25 years, professionally and personally. I look for stocks that have a high probability of compounding at 15% for at least 5 years with limited downside. I write these stocks up on my blog. You can find more about me, my philosophy, my mental models, and my portfolio structure on my site.
Key takeaways
Clear evidence of price elasticity - gross bookings is rising as insurance costs come down. This is critical for the long term thesis that Uber’s TAM will explode as AVs bring down costs.
Thesis and valuation update