Data Update 1 for 2024: The data speaks, but what does it say?
Musings on Markets
JANUARY 5, 2024
First, these categorizations were created close to twenty years ago, when I first started looking a global data, and many countries that were emerging markets then have developed into more mature markets now. Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3. EBIT & EBITDA multiple s 5.
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