Asset Management Is A Bizarre Industry Ripe For Disruption
David Teten
NOVEMBER 15, 2013
This option-based valuation methodology can also be used to explain the early 2000 internet/telecom bubble in the public markets. I don’t think that a Net Present Value calculation is appropriate for every company. The one fact we know for sure about every financial model we see: they’re wrong. Photo credit: JD Hancock.
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