5min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB294: Explaining Multiple Expansion and It’s Impact on Value

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

The Dangers of Playing the Multiple Expansion Slash Entraction Game

The book value of a company is not going to fluctuate as much as revenue may or the earnings may. That's an interesting idea, especially when I think of some cyclical industries as being more tech focused. Andrew Keen: What are the dangers of trying to play the multiple expansion slash entraction game? The stock market is a voting machine and in the long term, it's a weighing machine.

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