Intrinsic Valuation

According to professor Damodaran, the intrinsic valuation of a business is the “expected cash flows on the asset over its lifetime and the uncertainty about receiving those cash flows.” The professor calls this, “discounted cash flow valuation.” What’s something that cannot be analyzed with this model? Things that don’t generate cash flows – ie. aContinue reading “Intrinsic Valuation”

First steps in valuation

Valuing companies and taking a calculated risk by investing in them is the basis of a value investor. Although my knowledge in this area is sparse, I’ve found NYU professor, Aswath Damodaran to be enlightening, funny, and sane in his approach to valuation. I’ve posted a link to his website where you can find resourcesContinue reading “First steps in valuation”

The Necessity For Tradition To Transform

In the convention of bringing something new to discussion, I would like to bring up something as old as civilization itself. Tradition is generally thought of as a fixed set of cultural rites, actions and relationships that pass on from one generation to the next, with a fixed power dynamic on those who create theContinue reading “The Necessity For Tradition To Transform”