January 2017 Data Update 1: The Promise and Perils of "Big Data"!
aswathdamodaran.substack.com
Each year, for the last 25 years, I have spent the first week playing Moneyball, with financial data. I gather accounting and market data on all publicly traded companies, listed globally, and then try to extract whatever lessons that I can from the data, to use in investing, corporate finance and valuation for the rest of the year. I report the data, classified by industry group and by country, on my website, in the hope that others might find it useful. While, like last year, I will be summarizing what I see in the data in a series of posts over the rest of January, I decided to use this one to both provide some perspective and cautionary notes not only on my data but on numbers, in general.
January 2017 Data Update 1: The Promise and Perils of "Big Data"!
January 2017 Data Update 1: The Promise and…
January 2017 Data Update 1: The Promise and Perils of "Big Data"!
Each year, for the last 25 years, I have spent the first week playing Moneyball, with financial data. I gather accounting and market data on all publicly traded companies, listed globally, and then try to extract whatever lessons that I can from the data, to use in investing, corporate finance and valuation for the rest of the year. I report the data, classified by industry group and by country, on my website, in the hope that others might find it useful. While, like last year, I will be summarizing what I see in the data in a series of posts over the rest of January, I decided to use this one to both provide some perspective and cautionary notes not only on my data but on numbers, in general.