{"podcast":{"title":"Money Lessons with Andrew Temte, PhD, CFA","slug":"money-lessons-with-andrew-temte-phd-cfa-6946211","podcast_index_feed_id":6946211,"rss_url":"https://feed.podbean.com/saturdaymorningmuse/feed.xml","website_url":"https://saturdaymorningmuse.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/18433088/Podcast_Artwork_ML9tsgd.jpg","author":"Andrew Temte","episode_count":154,"summary":"Tune in every Saturday Morning, for Andrew Temte’s insights into personal and professional continuous improvement with a focus on improving financial literacy and financial decision-making.","last_synced_at":"2026-09-19T16:21:32.767166+00:00","page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211"},"episode":{"title":"Three Lenses on Stock Value: Why Cash Is Still King","slug":"three-lenses-on-stock-value-why-cash-is-still-king","published_at":"2026-05-16T10:00:00+00:00","page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211/three-lenses-on-stock-value-why-cash-is-still-king","show_page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211","url":"https://saturdaymorningmuse.podbean.com/e/three-lenses-on-stock-value-why-cash-is-still-king/","audio_url":"https://mcdn.podbean.com/mf/web/bdv2jum278x57n5p/ML_51626a3o4r.mp3","summary":"In this episode of Money Lessons, Andy tackles one of the most foundational questions in investing: what is a stock actually worth? Returning to value-investing pioneer Benjamin Graham, Andy walks through the three primary lenses professional analysts use to estimate stock value—relative valuation, asset-based valuation, and cash-flow-based valuation—and shows how each one offers a different angle on the same question. Using the dot-com bubble as a cautionary tale, Andy illustrates what happens when relative valuation becomes untethered and stock prices disconnect from underlying business fundamentals. The unifying principle: speculation can run for surprisingly long stretches, but eventually a business must generate cash, or its price will be revalued to reflect what's actually there.","meta_description":"In this episode of Money Lessons, Andy tackles one of the most foundational questions in investing: what is a stock actually worth? Returning to value-inv…","key_points":[],"chapters":[],"topics":[],"duration_seconds":818,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/money-lessons-with-andrew-temte-phd-cfa-6946211/episodes/three-lenses-on-stock-value-why-cash-is-still-king/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211/three-lenses-on-stock-value-why-cash-is-still-king.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}