Reading Reflection
1) The biggest surprise for me in the reading was how detailed the value of a company can get. I always expected it to be a face value, but instead there was half a page of things that define a company's worth.
2) The most confusing part of the reading to me was the adjusted tangible book value section.
How can you put a monetary value on something that is intangible.
3) Two questions I would ask the author are:
a. How effective is the price/ earnings ratio?
b. In what specific scenario would a antidilution protection be used?
4) I didn't disagree with the author at all this week. Honestly I was very confused on some parts, but it all sounded like pretty solid facts to me.
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