Thread: Financial News
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Old January 12, 2020, 02:35 PM
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SportingBD SportingBD is offline
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Quote:
At the end of the day all valuations are driven by projected numbers and it's upto you to figure out if those numbers will be beat or missed.
This is not investing, it's speculating.

In investing, you don't give a damn about short term outcomes, whether in the next year, if the numbers hit or miss, it's irrelevant. You can't also expect the company to hit the numbers forecasted year after year. for your information, over 60% of those people (financial analyst etc) who come up with projected figures either overvalue the estimate by 15% or undervalue by 15%. It's a poor way to invest. You should invest because your analysis and valuation is right, and offers you a huge safety of margin, so if things go wrong you don't lose a lot. Forget what others are predicting.
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