We have a special treat today. Gordon DSouza has shared his deck presented at the IIF Meet in Mumbai
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[gview file=”https://alphaideas.in/wp-content/uploads/2016/11/DOC-20161120-WA0014.pdf”]
3 replies on “Gordon: Investing with the Odds”
Would you be able to explain how a FD has a forward PE of 14% in the presentation from Gordon.
@Kartik: The interest on a bank FD is close to 7%; so Rs 100 yields earnings of around Rs 7 in a year. 100/7 is around 14x pre-tax
Thank you, simple concept 🙂