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by mcherm 4632 days ago
In order to value the company he MUST assume something. If you ever buy or sell a stock then you, too, are implicitly valuing future revenues, but perhaps you do so blindly. Do not ridicule the author for being explicit and transparent with his assumptions.
2 comments

The day you recognize that prices are tethered to perceptions and driven by emotion, it will be a new beginning. I have deep experience in capital markets, so feel free to quiz me on anything in this space. I am here to help as I am able.
Example: How much is a dollar worth?