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Formula Investing: Schwartz and Hanauer compare the Magic Formula and Acquirer’s Multiple | S07 E17

The Acquirers Podcast

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Understanding Market Dynamics: Inelastic Price Hypothesis

This chapter explores the complexities of the inelastic price hypothesis, focusing on how market behavior affects the valuation of large-cap versus small-cap stocks, particularly during economic downturns. It examines the implications of dividend reinvestment, market capitalization variations, and investment strategies aimed at navigating these market challenges.

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