By Chris Bailey of Financial Orbit | Wednesday 26 August 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
My formative investment years were so long ago that I remember the daily thump that announced the arrival of the physical research pile from a variety of investment banks. As a callow youth I used to devour these publications believing them to be a route to insight and riches. The latter was true – although almost exclusively not to the readers of such ‘research’. The reason for this walk down memory lane was that I was reminded by an article from Tom Winnifrith of a report I kept by my desk for months titled something like ‘why EV/EBITDA is the most important statistic for fund managers today’. Suffice to say the quality of my investment insights all those years ago improved materially after I had a desk tidy-up…
Filed under:
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Time left: 01:15:35