SARBayes – Bayesian methods for WiSAR
My post on Value was inspired by Aswath Damodaran’s three posts on Value Investing.
Like many, I am a regular reader of Professor Damodaran’s blog. I find his posts interesting, sharp and thought-provoking. So were the Value Investing posts. I thought, however, they were marred by some degree of confusion, which I would like to address.
The first post sets the stage with the following picture, which Damodaran puts forward as a general approach that encompasses his other classifications of Value Investing:
SARBayes – Bayesian methods for WiSAR