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i have a question about investment style material. how would someone compare portfolio based on P/B (lowest and highest decile) to S&P? what is underlying procedure to do so?
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just post ur question i will try to answer your query
i want to test performance of lowest PBV decile to some index..lets say I have only prices...i want to know all steps i need to take to do this properly...where can I found such info (how did prof.Damodaran exactly came to those numbers in Ch.8 of investment philosophies?)
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