MI241: The Acquirer’s Multiple Strategy w/ Tobias Carlisle
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
How to Explain a High Return on Invested Capital
I was trying to think of what factors this could be exposed to because the, when you remove the high return on invested capital and you get better returns, that seems so counterintuitive. So then I was trying to like scratch my brain and think about if that was a strategy, the acquirers multiple was kind of following or what was going on. The problem with all of these sort of metrics is again, you have to sort of understand a little bit what the metric does and why it works the way that it does.
Transcript
Play full episode
