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VALUE: After Hours (S07 E15): Surviving 10 Straight Quarters of Massive Underperformance | The Acquirer's Multiple®
During their recent episode, Taylor, Carlisle, and Rich Pzena discussed Surviving 10 Straight Quarters of Massive Underperformance. Here’s an excerpt from the episode: Rich: So, I’ll tell you my story from 1999. We had started our business in 1996, and we had a good first couple years, and got to a break even and we were feeling good. And then, we went through this 10 straight quarters of massive underperformance compared to the broad market. I …
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