New article published in RRIF! (#3) ๐Ÿ™Œ๐Ÿป

Principle of substitution at itโ€™s best!
lang-eng
valuation
rrif
Published

June 3, 2023

This time, the topic is valuation of private equity using prices from other public companies.

Financial theory, in itโ€™s form today, presents this topic through the lenses of one public company vs. other public companies, while the topic of private equity vs. public companies has plenty of challenges and hurdles that need to be solved if the end goal of valuation is to give fair market value.

The way of solving those hurdles and challenges can be found here.