Macro Hive Conversations With Bilal Hafeez cover image

Andy Constan on Lessons From Bridgewater, Equity Valuations and Top Trades

Macro Hive Conversations With Bilal Hafeez

00:00

How to Make Money on Stock Valuation Models?

Valuation matters, but it's not something that stand alon is a trading sik. You can't make e having with a valuation model ind market. There's too much volatile bube associated with expect on. It's very difficult to make money on valuations. However, valuations are something i still have in my quiver. So p e is bad for a variety of reasons. But the thing that bothers me most about p e is that it doesn't scale with interest rates. And so i my rough huristic for the quick and dirty is to look at long term interest rates, nominal interest rates. I would assume, simply from discounted cash flow analysis, that the present

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app