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Strategies & Market Trends : Classic TA Workplace

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To: reaper who wrote (66357)	2/13/2003 2:15:44 PM
From: Moominoid	Read Replies (1) of 209892

It's strange that paper was written 40 years ago and seems impeccably logical in its approach to valuing stocks (discounted free cash flow). Further developments maybe can argue about the correct discount rate etc. But most people still seem totally clueless on the issue still. On top of that you see all kind of weird cash flow figures being thrown around that don't bear any relation to this one.

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