Re: Four Ways To Use My Ideas
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OK, so the key point is that identifying current mispricings is nice, but being able to identify future mispricings is even better.
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So I think the key point David is making is that having the ability to explain the differences between your own valuation and the market price gives you an estimated error% of your own valuation. With this new metric, you should gain even a greater edge than without.
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