The Gordon Equation is as close as being a physical law, like gravitation or planetary motion, as we will ever encounter in finance.


Chapter 2, Measuring The Beast, p. 54. - The Four Pillars of Investing (2002)

William J. Bernstein Quotes

The Gordon Equation is as close as being a physical law, like gravitation or planetary motion, as we will ever encounter in finance.

The Gordon Equation is as close as being a physical law, like gravitation or planetary motion, as we will ever encounter in finance.

The Gordon Equation is as close as being a physical law, like gravitation or planetary motion, as we will ever encounter in finance.

The Gordon Equation is as close as being a physical law, like gravitation or planetary motion, as we will ever encounter in finance.