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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (61372)10/10/2018 6:27:17 PM
From: Graham Osborn  Read Replies (1) of 78763
 
When I value a business I am projecting free cash flows in the future, discounting them back to present value, and summing them up.. if the cash flows sum to zero (or less), it's hard for me to say that business isn't worth zero (or less).
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