We looked at Fiverr International Ltd. (NASDAQ: FVRR) and Upwork Inc. (NASDAQ: UPWK) as a pair trade, i.e. going Long Upwork and Shorting Fiverr, but Daniel Kahneman inspired ‘Type 2’ thinking helped us conclude that it isn’t as good a trade as a first look at the two stocks and their respective valuations may want us to believe, especially if the market continues to favor growth. Why did we bother? Next Yr. PE P/ Sales Current Yr. Sales 2019 Enterprise Value ($M) EV/ next yr. sales Fiverr 210.3 25…
Read MoreThinking About Fiverr And Upwork Pair Trade, Think Kahneman
