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If The Business’ Value Compounds Fast Enough, And The Stock Is Held Long Enough, Even A Seemingly Lofty Price Will Eventually Be Justified.



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However, Joel Greenblatt’s Magic Formula Does Not Attempt To Calculate The Value Of The Stocks Purchased.



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Anybody Can Make An Estimate That A Small Biotech Company A Will Rake In X Amount Of Profit After Several Years.



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The Amount To Be Paid Comprises Of Interest Or Any Levy Put By The Lender Depending Upon Each And Every Case.



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