Global Leaders Investment Letter - Q3 2016
Brown Advisory
SEPTEMBER 30, 2016
Global Leaders Investment Letter - Q3 2016 ajackson Fri, 09/30/2016 - 09:50 Global Leaders Strategy Investment Letter - Q3 2016 In this letter the team discuss the current environment of higher valuations and the impact this is having on their investability test as part of their process. They describe their concept of calculating value using the weighted average cost of capital (WACC).
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