14min chapter

Many Happy Returns cover image

Is Value Investing Dead?

Many Happy Returns

CHAPTER

Valuation Challenges and the Art of Estimating Fair Stock Prices

This chapter discusses the difficulty of estimating the fair price for a company's stock. Different approaches, such as the discounted cash flow model, are mentioned. The chapter concludes by acknowledging that valuing complex multinational companies with accounting complexities can be even more complicated.

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