bc0e6d7f_ue_Investing__Timeless_Reading__Description
[Title] Valuing commodity and cyclical companies [Download] Download paper as pdf file [Description] 
Commodity and cyclical companies pose special challenges when doing valuation, because their earnings and risk measures move with commodity and economic cycles. In this paper, we examine techniques and approaches that we can use to compensate for this volatility.
Value Investing: Timeless Reading
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