L Brands

L Brands Inc: A Classic Value Investment Story

Embrace uncertainty
In my recently published book Story Investing I discuss how to be creative in the investment research process and come up with great investment ideas. One of the highlights of the approach is the proposal to develop both a historical perspective as well as future narrative for the company and its share price.


Limitations of analytics
Strictly analytical approach to investment management does not provide us tools for dealing with uncertainty . . .

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