Why I must understand the business I must be able to understand a business so that I can value it properly. If I can understand the business, I will be able to decide, among other things, the crucial valuation questions of whether the business is likely to last and whether it has a sustainable competitive [...]
Archive for the ‘My Circle of Competence’ Category
My Circle of Competence
Posted in My Circle of Competence on February 6, 2010 | 2 Comments »
Categories
- Asset Allocation
- Competitive Advantage – 1
- Competitive Advantage – 2
- Competitive Advantage – 3
- Controlling emotions
- Customer Captivity
- Earnings Growth and Profitability
- Economies of Scale
- Falsifying scenario’s
- Group Decision Making
- Ignoring market moves
- My Circle of Competence
- My Discount Rate
- My Quantitative Valuation Model – 1
- My Quantitative Valuation Model – 2
- Normalising Earnings
- ROIC and Competitive Advantage
- ROIC versus ROE
- Talking to Management
- Technology and Competition
- The Basics – Part 1
- The Basics – Part 2
- The Basics – Part 3
- Valuing using scenarios
- When to Sell
- Will the business survive?
Archives
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