Re: An Arithmetic mystery - need help
The article uses the “lower” p to e to make the case that market is not expensive. The use of “fair value” was just my interpretation of what they mean as not expensive. I will edit previous post.
Re: An Arithmetic mystery - need help
The article uses the “lower” p to e to make the case that market is not expensive. The use of “fair value” was just my interpretation of what they mean as not expensive. I will edit previous post.