165: Stephen Wright on Valuing the Stock Market Using Equity q
Update: 2018-11-09
Description
Stephen Wright is Professor of Economics at Birkbeck College, University of London, UK.
Previously Professor Wright worked at the Bank of England and Cambridge University.
He is co-author of 'Valuing Wall Street: Protecting Wealth in Turbulent Times' - an informative book published in 2000 warning of the high valuation placed on stocks at that time.
In this episode we discuss his work on valuing the stock market using a variant of Tobin's q - a valuation method put forward by the late James Tobin (Nobel Prize in Economics, 1981).
Check out the show notes for all links, books and resources over at www.economicrockstar.com/stephenwright
Support the podcast on Patreon for as little as $1 per month: www.patreon.com/economicrockstar
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