RE:RE:RE:RE:Valuation of SUOldnagger wrote: I make my own estimates based on life experience and my own assessments of how the future will roll out. Needless to say , for anyone who follows me , I am an eternal optimist who is betting against the endless armies of negativism.
My own opinions , right or wrong have been forged on the anvil of survival. The last time I got a salary check was in 1989.
Every company that I invest in is treated as if it were my own private business.
That is not derived from MBA s though for the most part I admire any wisdom they may impart , no more nor less than any other wisdom ,including your own
The only idea that I am trying to instill here , is that if investors need to rely on analysts for anything other than what may be directly relevant to assessing future cash flows , then heaven help them !!
Everyone needs to do their own due diligence both before they buy and before they sell.
impatience and ego must take a back seat
This works for me and has done so through over 60 years of extreme changes in market fundamentals.
Analysts these days are mostly focussed on very short term issues. If that works for some then so much the better. But after that , what then ??
look like some here was boasting about their MBA pedigree.
Glad i didn't waste my life in a MBA unlike some of my eager coworkers.
Yes, it does look good on their resume, and some old school company like to see them from applicants. Wisdom? LOL. Elon Musk purposely weed out any applicant with a MBA. Some of the well know billionaires don't have a MBA, or even finish university. Go figure.