This was an interesting read that made me think from the point of view of a business owner and not a stock investor that relied on historical multiples. Will I buy a business in real life that are not making profits? Will I buy a business that has poor margins? If this is the case, why am I willing to invest in businesses in the stock market with a looser criteria then?
The Acquirer's Multiple - Tobias E Carlisle
The Acquirer's Multiple - Tobias E Carlisle
The Acquirer's Multiple - Tobias E Carlisle
This was an interesting read that made me think from the point of view of a business owner and not a stock investor that relied on historical multiples. Will I buy a business in real life that are not making profits? Will I buy a business that has poor margins? If this is the case, why am I willing to invest in businesses in the stock market with a looser criteria then?