Tag Archives: Value Investing

Jim Collins Interviews Jorge Paulo Lemann

Must watch interview of Jorge Paulo Lemann, one of the owners of 3G Capital. Jorge Paulo Lemann is Brazil’s richest man thanks to his stake in Anheuser-Busch InBev, the world’s largest brewer, which he owns through private equity firm 3G Capital together with fellow billionaires and longtime partners Carlos Sicupira and Marcel Herrmann Telles. The trio alsoContinue reading “Jim Collins Interviews Jorge Paulo Lemann”

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”

Notes Chapter 3: Margin of Safety

The great majority of institutional investors are plagued with a short-term, relative-performance orientation and lack the long-term perspective that retirement and endowment funds deserve. [Taking about institutional investors] Hundreds of billions of other people’s hard-earned dollars are routinely whipped from investment to investment based on little or no in-deph research or analysis. You probably wouldContinue reading “Notes Chapter 3: Margin of Safety”