Summary: Continuing on the hot topic of Facebook, Rob Booker speaks with “The Coach,” Scott Welsh, about trading back to fair value and comparing Facebook’s IPO and the Euro-Swiss currency pair. They discuss whether it’s too early to judge what fair value is for Facebook, and whether one can accurately assess fair value from a chart. Rob and Scott also take a look at Abercrombie & Fitch, Apple and J.P. Morgan to help illustrate their discussion. Rob also compares Apple’s and Facebook’s price-to-earnings ratios. Fun stuff. Please subscribe and join us! To find out more about how Scott Welsh trades back to fair value: Bossilator.com
