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Jim Lebenthal said he'd "make this really simple for investors." Weiss asked why Jim was "insulting" investors. "No I'm not insulting anyone, hang on a second," Jim said, explaining that you might want DBX if you're playing user growth but not if you're into fundamentals. Weiss and Brown agreed there's "no moat" in DBX.
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Brown said it's possible that stock multiples have peaked for this cycle, but on the plus side, maybe the silver lining is, "We're not gonna blow a bubble of massive proportions."
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