1. A lot of quality software names are reasonably valued, and investors should be able to pick up long term compounders here. I've been adding to a number of them over the last few months.
2. A handful or so of high-growth software names are trading at quite stretched multiples, however, they do have a strong story behind them - consolidation, structural demand, disruption, low market penetration rates, AI, etc. And there are plenty of historical examples of pic...