Premium on growth stocks echoes dotcom boom
Margin Call: Few companies ultimately deliver the growth priced in at market peaks.
Nicholas Bagnall
Tue, 01 Sep 2020
By historical standards, investors in global equity markets are currently paying an extremely high premium for growth stocks.
On many valuation metrics, the multiples accorded to the most expensive cohort of large companies now exceed the multiples accorded to the least expensive cohort of
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Nicholas Bagnall
Tue, 01 Sep 2020
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