Why is Starbucks coffee so bad?
"Why is Starbucks coffee so bad?" was the thought that came to my mind as I was writing this in one of the Starbucks outlet located in...
Why is Starbucks coffee so bad?
A few observations
Fair value vs high value
No such thing as fair value
Numbers and the narrative
Less focus on discount rate...more focus on cash flows
Valuation and the velocity of information
Understanding and modelling convertible bonds