book to price
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 20, 2025 by Daniel Mahr · across every show →
Everything said about book to price, oldest first
Nov 20, 2025 negative
Mahr: Book-to-price lost explanatory power as the intangible economy expanded
“We used book to price in our models. Going back to version one point O in 1991. But as markets evolved and more importantly, as the economy has changed, we saw less and less explanatory power to incorporating that in our model. And we had an intuitive sense of…”