I emphasize a nuanced approach to valuations, recommending different Owner's Yields based on expected revenue growth rates, rather than a flat 4% threshold. For example, companies with 10% revenue ...

My Five Factor Model screens companies based on importance, founder involvement, high gross margins, consistent revenue growth, and a 4% earnings yield for initial investment consideration. Important ...

The newer factor models of Hou, Xue, and Zhang and Fama and French, which include measures of asset growth to quantify investment, have been shown to add considerable explanatory power to asset ...

This is a preview. Log in through your library . Abstract This paper considers factor estimation from heterogeneous data, where some of the variables—the relevant ones—are informative for estimating ...