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Full Version: World’s Simplest Explanation of Why Trusting Accounting Data for Valuation is Dumb
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I see that Schwarz posted that. So is he going back on his thesis for UAB saying UAB is worth $21/share or is he of the mind that UAB is still worth $127/share? This article seems contrarian to his thesis
He's saying it's worth what it's worth, not what people with an axe to grind say it is.

That's much easier to evaluate in real life - Apple stock is worth what you can get for it, which is market price.
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