Bruce Greenwald is one of the renowned professor of finance at the Columbia University and is personally one of my favorite personnel.
Back late in Dec 2014, I’ve read books about him and tried to understand and replicate his financial modeling of the Earnings Power Value (EPV) method in great detail. You can read my past articles here if you are interested in the EPV method for valuation. It is one of the important tools of valuation methodology that are being used by many fund houses and analysts today other than the DCF.
Greenwald went to an interview recently and he gave this take on the current market valuation of the US market hitting new high.
Here are the excerpts:
Michael Ricciardi: Bruce has also been recognized across all of Wall Street as the Guru to the Gurus, and so we are delighted that he’s here with us today. …