POLL FOR ALL
Thomas:
Guessing that I am considered one of the "guilty" parties in these remarks
I'll wrestle you for that check! :-)
I, a newcomer, was looking for empirical validation for proposed techniques while most of those using one valuation method or another appear to be content for their metric to provide input to a buy or sell decision at the time they are considering the transaction. To the extent that they are content with the theoretical background of the technique they have selected and with the decisions which they have made using it, they don't feel the need for the kind of validation which I would like to see, coming as I do from a background of science.
I would suspect that at least some others, whether they do purely qualitative, or TA, or valuation, or some combination of the three, have done some form of validation. When I started out, I did so on a "dry-lab" basis. Even though others had demonstrated that they could use such tools successsfully, I tested and validated for myself. As my methods (both qualitative and quantitative) have evolved - if a person wishes to improve their results, it isn't likely to happen if they continue doing whatever it is they have been doing - I have continued with that process. (And there are the actual - checks written - experimental results to look at.) To me it only makes sense to do so, which is why I support and respect your inquisitions.
While I agree with you that some aspects of valuation can fall within the charter of this thread, I think we have seen over the past year or two that usually this ends up in tangents. Because of this, maybe we should all take a look at whether or not there is enough interest for a companion thread. To wit, the following poll. Everybody, please send me your votes by PM. I will count votes received through this time Friday October 26.
1) If we had a companion thread on valuation for GGers, I would try to help in some fashion - answering questions, explaining methods and terms, etc.
2) If we had a companion thread on valuation for GGers, I would actively participate by asking questions, testing methods, etc.
3) If we had a companion thread on valuation for GGers, I would lurk.
4) If we had a companion thread on valuation for GGers, I would not even lurk and would be grateful for having such conversation removed from my sight.
Everybody, please send me your votes by PM. I will count votes received through this time Friday October 26.
- Pirah |
