25 Oct 2019
CFA® Tips Number 8 – Equity
The Level I CFA Program curriculum on Equity has far fewer calculations than you may initially imagine – the valuation techniques are all in the last of six readings. However, how do we manage to “buy dollar bills for fifty cents”, as the late great Benjamin Graham would say? Graham was Warren Buffett’s mentor and knew a thing or two: we explore three broad valuation methods.