4 Vanity Metrics that Feel Like Investing but Prove Nothing
Being able to take things into context is important.
Many companies and investors love to throw around numbers that sound impressive, but it ultimately means nothing.
In other industries, it’s called vanity metrics. Not sure what it’s called in finance.
Let me give you an example of a vanity metric.
The average time a visitor spends at oldschoolvalue.com is two minutes 49 seconds compared to one minute for other sites.
This means OSV is performing better than the average site by 183%.
Read More: http://economicrisis.com/4-vanity-metrics-that-feel-like-investing-but-prove-nothing/5009