Over the next two weeks, academics, innovators, business leaders, public officials and youth organization representatives will convene at workshops in San Francisco, Sao Paulo, London, Johannesburg, Oslo, Abu Dhabi, Mumbai and Shanghai to
identify tangible opportunities related to five risks threatening our communities: extreme weather, continued lock - in to fossil fuels, urban breakdown, lack of fresh water and continued rise in non-communicable diseases.
The only conclusion that could be gleaned from this 10 - year backtest is that price to
tangible book value might be slightly better at
identifying value
opportunities than the standard price - to - book ratio for stocks with the lowest price ratios.