Thursday, July 29, 2010

The author of the Gordon Growth Formula to price stocks died recently

eHatched at MIT in 1959, the Gordon Equation soon grew into an important tool for investors - The Globe and Mail:
The author of the Gordon Growth Formula (P = d(1)/(R-g)) died recently. I did not know him but he sounds like a great guy!

From the Globe and Mail

"Myron Jules Gordon, economist, financial theorist and consumer activist, died on July 5 in Summit, N.J., at the age of 89 after several years of ill health and a series of strokes."

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