FYI: (Slide mouse to 36:10 minutes for Brian Gahsman interview.)
David Trainer, president at New Constructs, continued to deconstruct popular investment metrics in the Danger Zone today, this time singling out accounting book value as not presenting a true picture. He noted a few stocks -- like Allergan and Qualcomm -- where the valuations mislead investors into thinking there is trouble ahead or good times on the horizon when the underlying numbers suggest the opposite. Also on the show, Chuck gives another of his tips for financial chores to do before the year ahead, Stephan Paternot, one of the founders of TheGlobe.com web site that became a ground breaking IPO in the 1990s, discusses his book 'A Very Public Offering,' and Brian Gahsman of the Alphacentric Global Innovations Fund has the Market Call.
Regards,
Ted
https://www.stitcher.com/podcast/moneylife-with-chuck-jaffe/e/57641436?autoplay=trueM* Snapshot GNXIX:
https://www.morningstar.com/funds/XNAS/GNXIX/quote.html