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DewDiligence

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DewDiligence

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Re: jbog post# 172380

Friday, 01/10/2014 11:44:21 AM

Friday, January 10, 2014 11:44:21 AM

Post# of 257268
ICPT, which has 45 employees*, now has an EV of about $9B on a fully-diluted basis. That’s $200 million of EV per employee, which must be close to a record in terms of this rather meaningless metric.

*According to Yahoo.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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