I am a reformed MD, now with a finance MBA, and studying valuation independently by developing some conservative DCF models using FCF per share. You can make any investment work if you set a low enough discount rate.... that's one of the discouraging things about doing anything other than passive index investing. Forecasting isn't too accurate, those darn standard deviations are too wide. Margins of safety and alpha are rare and hard to separate from the noise.
Asif Suria is an entrepreneur and investor with a focus on event driven strategies including merger arbitrage and insider trading. He publishes a weekly post that includes the latest mergers and highlights the largest spreads. He also publishes a weekly post that highlights the top 5 insider purchases and sales of the week. Asif is also one of the earliest contributors at Seeking Alpha and has been regularly contributing content since 2005.
At 68 years of age, it's wonderful to once again experience that special feeling of creative accomplishment; we mostly overlook when in our younger years.
The SA forum is somewhat responsible for "stoking" whatever flame was left within my aching bones, and for the past 12 months i've been monitizing a physical asset on the farm in what our customers refer to as WOW!, where did you come up with this??, really cool & fun,etc.
What does it all prove?
Wherever life takes you, you're never out of the game, until the game is finally over.
And by the way, if any bowhunters or target archers are part of the SA community, you can check us out at www.indoor3D.com.
Winners don't quit... and quitters don't win!