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Q is the key to value

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Q is the key to value

F
Financial Times

1 Views • Mar 04, 2019

Description

'Cape' trend analysis of prices and Tobin's q are methods for working out whether a stock market is over or undervalued. In the second part of John Authers' discussion with Andrew Smithers, author of 'The Road to Recovery', Andrew explains why q works best.

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