Submitted by pauliggoe t3_yxzeid in wallstreetbets
After a buddy of mine, with absolutely no income at all, decided to spend 2k to join two strippers for an hour in a jacuzzi, I realized I had to start my own stripclub. Turns out there's an easier way to invest in stripclubs: RICK hospitalities , listed on the NASDAQ. A stripclub operator that's buying up stripclubs. Turns out they're growing 30% a year and are actually quite cheap compared to free cash flow: they're valued at 8.5x normalized free cash flow. I'm going all in.