These are important questions, but major concerns of this nature are a fact of life for value investors; in the modern information age, we have to assume low valuations exist because investors are worried about something, not because they simply don't know the stories.
She likes to go cross-country skiing in the mornings—"we assume low speed," her spokesman, Steffen Seibert joked this week.
However, most of them assume low traffic density (i.e., a single vehicle in the coverage of an AP).
In addition, because DiAlert consists only of two interactive group sessions, we assume low drop-out rates.
Dengue serotypes 3 and 4 had never circulated in Cuba, and we can assume low or nonexistent immunity in the population.
This issue also comes up in criticisms of public food assistance programs that assume low-income families always have sufficient time to cook food "from scratch".
Judgments about hygiene influenced condom use, with unprotected sex said to occur discriminately and exceptionally under conditions of assumed low risk: "It happened, even without a condom, but he was married, clean, neat, spotless" (case 7, female).
A $600,000 two-bedroom apartment in Brooklyn Heights, for example, could run a buyer about $3,000 to $4,000 a month, including maintenance payments, even assuming low interest rates and a hefty down payment, noted Christopher Thomas, president of William B. May Brooklyn.
IN Mr. Yardeni's thinking, the higher growth estimates, plus a slight increase in the multiplier attached to the long-term growth, and assuming low inflation, translate to justifiable P/E ratios of 33 to 50.
The second approximate proportionality assumes low dose and is due to Eq. (5).
