Afterpay – buy now, pain later?

Afterpay has been a sharemarket darling, with its share price rising almost tenfold over the past two years alone. The price has fallen a little since starting this article, but market consensus remains optimistic. To Simon Mawhinney however, from Allan Gray Australian Equity fund manager, the risks seem heavily skewed to the downside.

We explore Afterpay’s attractiveness, or lack of it, from a long-term investment perspective an article by Simon Mawhinney.