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To: J Mako who wrote (45512)11/16/2011 2:45:48 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78667
 
It makes sense. However, let me ask you this: did your calculations lead you to some investment insight that you would have missed via the unadjusted ROE?

Any numerical adjustment comes with the cost of time to make it multiplied by number of companies you analyze. So it has to give a tangible benefit to show its worth. ;)