Steven Klinsky on Building Businesses
Masters in Business
00:00
The Stock Market Is a Great Price for Most Businesses
It's definitely been a 40 year secular bull market after 13 years of stag flation from 68 to 81. The stock market was i think six times net income when i used to sit in the goldman you know merger department and like what we could sell the company for. If we really stretched 10 times net income i think if we find the hot buyer we can get to 10 times with no adjustmentsNo trickery after tax net income that would be a great price for most businesses.
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