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And taking the numbers at face value, even at $6 billion it was overvalued".
Officially, the currency was tied at 8 UAH to the dollar, but most sources concurred that it was overvalued.
Several bidders who had looked at EMI said it was overvalued and described the Hands deal as "a vanity purchase".
Sterling, for example is 12% overvalued against the dollar less than two years ago, it was overvalued by 26%.The greatest triumph of the Big Mac index has been in tracking the euro.
Many hedge funds suffered major losses when the true scale of Porsche's interest in VW came to light, as they had short-sold the company on the belief it was overvalued.
Another of his big current holdings is Dublin, Ireland-based biotech Elan, which Rees began buying in 2003 but sold less than a year later when he believed it was overvalued.
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One exception is the South Korean won, which is exactly at its PPP, implying that it is overvalued against other emerging-market currencies.Many readers complain that burgernomics is hard to swallow.
The misconception is that just because Google is up sharply (476%) from its IPO price in 2004, it is overvalued.
Societe General has restarted coverage of Segro, up 0.25p to 27p, with a sell recommendation, saying it is overvalued even if it succeeds in its possible bid for rival Brixton.
And if it is overvalued, how rapidly will it fall?
"But once you are convinced it is not growing anymore, nobody wants to hold a stock because it is overvalued.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com