This article arguing (yet again) for the government to introduce minimum prices and other strict controls on alcohol consumption. As usual, it contains fallacies, fails to provide important information, and is generally rather vague.
Month: February 2012
What is wrong with price/book value
As so often, Richard Beddard tweeted something interesting that I had to respond to.
The linked PDF argues that price to book value is the most useful valuation measure, more so that earnigs, for two reasons: Continue reading