Business Explained by Stever

Investors say it’s a bad idea for companies to stop giving quarterly guidance. I think investors are just flat-out wrong. Quarterly guidance certainly distorts management decision-making, so we know it’s bad for the companies. It’s good for investors because it relieves them of the burden of having to research the companies they invest in, and [...]

A friend wrote: “… and I thought Google was overvalued at $150!” She was implying that it must not have been overvalued, since it’s currently selling for so much more. I decided to whip out my amateur finance knowledge and see if she was right. Here’s a sample of a few different ways of valuing a stock. [...]