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Best Business Philosophy From Nelnet
From the Nelnet $NNI Annual Report:
“…the market was no longer valuing growth for growth’s sake and how investors were now valuing positive net income and positive cash flow. It was great to hear market participants start to validate what we have always valued as a leadership team and have attempted to achieve in all our businesses, which is growing after-tax cash flow over a long-time horizon.”
$NNI will be over $100/share on 2023-06-18?
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14 Votes

Jonathan's avatar
Jonathan
@jonathanjohnsonMay 19
Nelnet currently at $94. I think they can get to over $100 in a month. Let's go. Agree.
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Soren Peterson's avatar
Soren Peterson
@soren1May 19Author
@jonathanjohnson Haha yes! I was mainly just testing the new feature. I wish it could do longer timelines like 1 yr, 3 yr, and 5 yr.
Doug Helton's avatar
Doug Helton
@dougheltonMay 19
I don't know much about Nelnet, but I voted no based on a macro perspective that growth will have a tough month.
Soren Peterson's avatar
Soren Peterson
@soren1May 19Author
@doughelton I understand where you are coming from. I don't really care what happens in the next month, but Nelnet isn't a growth company at all. They work very hard to just be consistent and undervalued. I will put out an update on them this Sunday at pillarsandprofits.substack.com
Gary's avatar
Gary
@charityMay 19
@doughelton Nelnet isn't a growth company, they're a student loan repayment administrator.
Soren Peterson's avatar
Soren Peterson
@soren1May 19Author
@charity Well said!
Soren Peterson's avatar
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