9 months equals 1% of your life
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Let's say that a company's stock trades for $100 and that the company has earnings per share (EPS) of $6.50 over the last 12 months.
We can calculate a trailing ("last 12 months") P/E ratio for that stock by simply dividing the stock price ("P") by the EPS ("E"), so 100/6.50 equals about 1...
"Deliberate practice is hard. It hurts. But it works. More of it equals better performance and tons of it equals great performance."
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