Simple 10-Year Valuation Model

Step 1. Forecast free cash flow (FCF) for the next 10 years. Step 2. Dicount these FCFs to reflect the present value: Discounted FCF = FCF for that year / (1 + R)^N. R = discount rate and N = year being discounted. Step 3. Calculate the perpetuity value and discount it to the present:Continue reading “Simple 10-Year Valuation Model”

2016 Berkshire Hathaway Annual Shareholders Meeting

Last Saturday was a great day for value investors and perpetual learner who try to learn and read as much as they can about Warren Buffett and Charlie Munger. With 85 and 92, respectively, they talked and reply answers during more than 7 hours. Bravo. I wanna to share here a few interesting links about theContinue reading “2016 Berkshire Hathaway Annual Shareholders Meeting”

Always learner.

The purpose of this blog for me is to translate my thoughs about investing and business. Nowadays we live in a world with too noisy information. Another reason for this blog is to build up my own principles. I will use my Twitter account to publish short thoughs about companies/market and this blog I willContinue reading “Always learner.”