December 2019

Null hypothesis

December 13, 2019 | OSM

In our previous post we ran two investing strategies based on Apple’s last twelve months price-to-earnings multiple (LTM P/E). One strategy bought Apple’s stock when its multiple dropped below 10x and sold when it rose above 20x. The other bought t...
[...Read more...]

Null hypothesis

December 13, 2019 | OSM

In our previous post we ran two investing strategies based on Apple’s last twelve months price-to-earnings multiple (LTM P/E). One strategy bought Apple’s stock when its multiple dropped below 10x and sold when it rose above 20x. The other bought t...
[...Read more...]

Python changing attribute mystery. Help?

December 7, 2019 | John Mount

Python peeps: any idea why this attribute changes value when I re-examine it? I am using PyCharm, but the calculation is weird even in Jupyter. It doesn’t just seem to be the debugger, running it in Jupyter gives the wrong value (just {'x'}, instead of {'x', 'y'}). The type ... [...Read more...]

Valuation hypothesis

December 6, 2019 | OSM

In our last post on valuation, we looked at whether Apple’s historical mutiples could help predict future returns. The notion was that since historic price multiples (e.g., price-to-earnings) reflect the market’s value of the company, when the mult...
[...Read more...]

Valuation hypothesis

December 6, 2019 | OSM

In our last post on valuation, we looked at whether Apple’s historical mutiples could help predict future returns. The notion was that since historic price multiples (e.g., price-to-earnings) reflect the market’s value of the company, when the mult...
[...Read more...]
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