2min chapter

Forward Guidance cover image

SPACs Are Bonds, Actually | Louis Camhi

Forward Guidance

CHAPTER

Franklin Templeton on June 30, 2010 Was 2873

Franklin Templeton on June 30, 2010 was 2873. And today it's 27. So sure, I'm ignoring dividends in this analysis, but we've basically been sitting flat for eight years. You don't get a track, you know, price to book with the trust relatively. A bank stock trades at 20% of price to book, that doesn't interest you. Because the book's paid up.

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