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The Theory of Investment Value

The Theory of Investment Value

JB Williams

1 Part
0 Personhas added to Library
1 Readers
Completed on 27 April 2022
Free

Breaking with commonly held beliefs at the time, the crux of Williams' theory was that the intrinsic value of a company was equal to the present value of its future dividends, not earnings. “Earnings are only a means to an end,” Williams argued, “and the means should not be mistaken for the end. 

The Theory of Investment Value

The Theory of Investment Value

JB Williams

1 Part
0 Personhas added to Library
1 Readers
Completed on 27 April 2022
Free

Breaking with commonly held beliefs at the time, the crux of Williams' theory was that the intrinsic value of a company was equal to the present value of its future dividends, not earnings. “Earnings are only a means to an end,” Williams argued, “and the means should not be mistaken for the end.

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Parts
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REAL WORTH AND MARKET PRICE

27 April 2022

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