Ben Graham And The Financialization Of Value InvestingGuest Post
The Financialization Of Value Investing by Wendl Financial
When the New York Stock Exchange first set up shop, stocks traded in minimum increments of 1/8 = $0.125 dollars. This system was probably a holdover from the Spanish trading system, whose largest gold coin was valued at eight escudos. If academics in finance would break apart . . .
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