Januari 2018

January 2018 Data Update 8: Debt and Taxes

In the United States, as in much of the rest of the world, and as has been true for most of the last century, the tax code has been tilted t...

I have spent the last few posts trying to estimate what firms need to generate as returns on investments, culminating in the cost of capital...

I have long described the cost of capital as the Swiss Army Knife of finance , since it shows up in so many places in finance, albeit in dif...

In my last post , I looked at the currency confusions that globalization has brought into financial analysis, and how to clean up fo...