Growth
A Great Company ≠ A Great Investment
As Benjamin Graham would put it, the quality and growth of a company do not determine your investment returns by themselves. What really matters is the price you […]
Archive
Category: [:en]Growth[:]
DCF Valuation
FCF Growth
In business valuation, a common mistake is the incorrect determination of free cash flow (FCF [t+1]) at the beginning of the stable, or long-term growth period, which can […]
Growth
How Uncertainty Creates Real Estate Value
When we discussed the monocentric city model, we described the value of real estate in terms of rents rather than prices. While rent levels are directly related to […]
Growth
DuPont Analysis
Sure, here’s the translation: When making a price-sensitive purchase decision, it’s important to evaluate the financial performance of the organization. This careful scrutiny doesn’t replace market research but […]
Growth
Growth & Competition
When evaluating the stability of growth periods, a key question is who bears the burden of a particular organization’s growth? What strengths do creditors have and can they […]
Growth
GDP & Growth
the percentage of total market cap relative to the GNP is “probably the best single measure of where valuations stand at any given moment.” – Warren Buffett Is […]
Growth
Representativeness in Growth Forecasting
Representativeness can heavily influence investor decisions and analyst forecasts. This cognitive bias leads us to assume that past performance will persist, making it a common source of error […]