Musings on Markets

JANUARY 6, 2023

Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world. Standard deviation in stock price 2. Price to Book 3. Cost of Capital 3. High-Low Price Risk Measure 5. EV/Sales and Price/Sales 5. Cost of Equity 1.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Musings on Markets

APRIL 20, 2025

As a constrained contrarian, you are hoping to avoid value traps , every value investor's nightmare , where a company looks cheap on a pricing basis (low PE, low price to book) and proceeds to become even cheaper after you buy it.

Start-ups 136

Start-ups Price to Book Marketability Equity 136

Musings on Markets

JANUARY 26, 2025

In my first two data posts for 2025, I looked at the strong year that US equities had in 2024, but a very good year for the overall market does not always translate into equivalent returns across segments of the market. trillion in market cap just in 2024 , and that over the last five (ten) years, the sector has added $11.3

Price to Book 78

Price to Book Start-ups Book Value Marketability 78