Forward price-to-earnings ratios are also at extremes, above 15 times, although they offer less effective timing as an indicator. PE ratios tend to peak well before actual stock prices, so it’s ...

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Twenty years after the introduction of the theory, we revisit what it does—and doesn’t—explain. by Clayton M. Christensen, Michael E. Raynor and Rory McDonald Please enjoy this HBR Classic. Clayton M.

Retail growth rarely breaks because your team lacks effort—it breaks because information can't keep up with reality.