Jul 23, 20211 min readWhat You Pay, What You Get: Connecting Price and Expected ReturnsHow should we consider the current price of securities in estimating their future returns? (PDF) What You Pay_ What You Get_ Connecting Price and Expected Returns_Page_1What You Pay_ What You Get_ Connecting Price and Expected Returns_Page_2What You Pay_ What You Get_ Connecting Price and Expected Returns_Page_3
How should we consider the current price of securities in estimating their future returns? (PDF) What You Pay_ What You Get_ Connecting Price and Expected Returns_Page_1What You Pay_ What You Get_ Connecting Price and Expected Returns_Page_2What You Pay_ What You Get_ Connecting Price and Expected Returns_Page_3