Data Update 1 for 2023: Setting the table!
Musings on Markets
JANUARY 6, 2023
For example, I have seen it asserted that a stock that trades at less than book value is cheap or that a stock that trades at more than twenty times EBITDA is expensive. The second is that in my line of work, which is corporate finance and valuation, the numbers I need lie in micro or company-level data, not in the macro space.
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