Main inspiration from this write up came from a problem I was facing while valuing a financial  company and prof Bakshi’s blog (https://fundooprofessor.com/2020/10/06/the-relevance-of-price-book/) . There are four basic Principles of any investment analysis: 1) Business Quality (Competitive Advantage, No Excessive tail risk)- This shows persistence and slightly less volatility in our future predictions vs completely … Continue reading The Nuances of Valuation →