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IFB246: How to Use Relative Valuation + Investing in New Companies or Current Portfolio

The Investing for Beginners Podcast - Your Path to Financial Freedom

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Do You Include Stock Based Compensation in Your Calculation?

The idea of relative valuation or multiples for me is something that I generally try to use as a screening process. The way businesses operate now are vastly different than they were in the late 80s, early 90s and haven't been changed. A lot of that really comes down to intangible assets, which in a lot of cases are things that you pay for but can't see immediately.

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