I will be on Counterpoint on Radio National at about 4.30pm Monday, EST talking about the medieval origins of Western civilisation. My appearance was prompted by host Michael Duffy reading this post.
ADDENDA: The podcast will turn up here.
The Earnings Yield, Interest Rates, and Leverage - In some previous posts I have shown how high PE ratios and profit margins can, ironically, be a reflection of lower risk. Given a set level of operating p...
1 hour ago