Andrew Smithers
Economist and long‑time market practitioner and adviser; author of The Economics of the Stock Market and other books on valuation and corporate incentives.
Best podcasts with Andrew Smithers
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May 20, 2022 • 37min
Ep 5: The Economics of the Stock Market (with Andrew Smithers)
Andrew Smithers, economist and long-time market practitioner known for his work on valuation, discusses corporate net worth versus market value. He debates why consensus Q theory is flawed. He explores how high Q can destabilize economies, the role of central bank policy in inflating market values, and incentives that push managers toward short-termism.
