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June 22, 2018

Archives for April 19, 2018

Philosophical basis for valuation

“A postulate of sound investing is that an investor does not pay more for an asset than it is worth,” says Aswath Damodaran, the well-known author of “Damodaran on Valuation”, a book on security analysis for investment and corporate finance. “The statement may seem logical and obvious, but it is forgotten and rediscovered at some

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