I'm fairly new to the game, but I'm starting to notice on this sub that some people express "anti- intrinsic-value" sentiments, such as...
- "I don't do DCFs"
- "Nobody can predict where the market will go"
I've been trying to follow along and learn from Aswath Damodaran and Sven Carlin. While I haven't done any incredible research, I've done some "back-of-the-napkin" DCFs. I project out using revenue growth and change in operating margins to get a very basic sense of the value of future profits.
There are a fair number of posts with due diligence but rarely do you see...
- "I believe that the long term operating margins can be 35% based on ____"
- "I believe that this company can sustain between 18 - 24% revenue growth over the next 5 years because ____"
I'd like to get some discussion around the topic. Perhaps I'm putting effort into things that don't matter?
Submitted May 15, 2021 at 09:14PM by kesin13 https://ift.tt/2RljqUM
