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Peter Larson
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A humble engineer and family man. Never been to Wall Street. Not psychic or anything. The idea behind DCFHub: I realized one day that it is possible to automatically calculate and track a net present value for just about every stock by simply plugging the analyst consensus growth estimates into... More
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  • DCF Championship Update- Sorry For The Delay 0 comments
    Mar 23, 2013 4:25 PM

    I haven't updated my DCF Championship in a while and I apologize for that if anyone is following this.

    I am still running numbers weekly, and I'll get everyone caught up when I catch myself up.

    But I figured I'd give a quick update about what's going on:

    First, and I realize this is a lame excuse, but I've been very busy at my day job and caring for my kids, so blogging time is at a premium.

    Second, I have made several significant changes to the methodology (I am now using Finviz instead of Yahoo! finance, for one), and I feel obligated to get the methodology section updated before posting any more results. Otherwise the numbers would be misleading.

    Third, since I have been doing this a couple of months, I am able to look at actual performance relative to the valuations. I'm finding something interesting, but it is not exactly what I expected.

    Basically, investing in stocks that are priced lower than their calculated DCF fair valuation has not been a particularly effective strategy. -BUT- investing in stocks whose DCF valuation has increased in the previous week has shown some promise as a strategy.

    So, I'm (slowly) working on reconfiguring the presentation to reflect this.

    Plus, I'm not sure anyone is reading this.

    When I get things figured out, I'm working on putting everything on a Google site.

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