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Re: None

Sunday, 09/23/2018 12:46:16 PM

Sunday, September 23, 2018 12:46:16 PM

Post# of 12427
Thanks T7 & my pleasure Dapper, & I guess we will have to agree to disagree on this one Sabre. I use a method in determining a stocks future value that has been well known since 1958 and was developed/used by Philip Fisher. Fisher was a free-wheeling Californian from San Francisco who took an adventurous and optimistic view of stock investing, not focused on current assets but future growth and who's ideology was often used by Warren Buffet. So I don't consider the time & efforts I put into my valuations as wishful thinking when I use an already proven method.
Although the future is unknowable, Fisher analyzed qualitative “scuttlebutt” (e.g., management expertise and integrity, along with the company’s competitive position) to make educated guesses. It is this ideology that plays heavily in my valuation for future potential SP. There is always speculation when looking forward on anything as unforeseen events can always happen. That's where research & verifiable data sets come in to play in an effort to reduce those variables to a minimum.
Have a good day.