Data Update 1 for 2026: The Push and Pull of Data!

In my musings on valuation, I have long described myself as more of a number cruncher than a storyteller, but it is because I love numbers for their own sake, rather than a fondness for abstract mathematics. It is that love for numbers that has led me at the beginning of each year since the 1990s to take publicly available data on individual companies, both from their financial statements and from…