5min chapter

The Alchemy of Money cover image

Reflections on the Investing Process with Michael Mauboussin

The Alchemy of Money

CHAPTER

The Link Between Strategy and Valuation

Rappaport's book called Creating Show Her Value came out 1986 originally in the new version of his book in 1998. It was aimed at corporate executives so that they're very much aimed at that audience and chapter seven of the original book was called something like stock market signals for managers. So how do we make this link for the explicit? Well the litmus test of a quality strategies that it creates value. And as a consequence you can create value for ongoing shareholders by by doing that as well.

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