If your time horizon is long term (10 years) then value is the most important factor in stock performance. Price will trace fundamentals in the long term. You should review how the time component impacts price vs value. There have been some pretty interesting articles on the subject.
@drek2735 ай бұрын
can you give me some please?
@PRINCIPLES_710 ай бұрын
Thank you for sharing your valuable lecture Professor!
@danielwood978726 күн бұрын
Professor, thank you for your generosity in sharing all this work. I am confused about the consistency requirement in multiples i.e. equity multiples vs ??? Please point me to a resource where I can do further research.